Monthly Lead Market Report Sep 2022

1 Market Highlights 3
2 Economy and Policy 3
2.1 GACC: China's foreign trade value up by 10.1% YOY in Jan-Aug 2022 3
2.2 China's ten nonferrous metals production up by 6.7% YoY in Aug 3
2.3 OECD cuts global economic growth forecast for 2023 3
3 Market Movements 3
3.1 Market Movements in China 3
3.1.Asian Metal Copyright00% MOM in Sep 2022 11 6.Asian Metal Copyright1 Lead ingot 99.994%min 3
3.1.2 Lead concentrate 60%min 4
3.1.3 Imported lead concentrate 50%min 4
3.1.Asian Metal Copyright03% MOM in Sep 2022 7 5.Asian Metal Copyright4 Secondary lead ingot 99.994%min 4
3.1.5 Secondary lead ingot 98%min 5
3.1.6 Recycled battery 5
4 Company News 5
4.1 Dahua Energy Technology stops secondary lead output 5
4.2 Erguna Xinyi Mining resumes lead concentrate output 6
4.3 Jiyuan Wanyang Smelting to increase lead ingot output 6
4.4 Xingan Silver Lead Smelting to increase lead ingot output 6
4.5 Baoshan Nonferrous Metal plans to decrease lead output 6
4.6 Nanjing Yinmao Lead& Zinc Mining to halt lead concentrate output 6
4.7 Linwu South Mining restarts lead concentrate output 6
5 Producers Statistics 6
5.1 Primary lead producers statistics 6
5.1.Asian Metal Copyright2 Lead concentrate 60%min 4 3.Asian Metal Copyright1 China's primary lead producers' operating rate records 69.99% in Sep 2022 6
5.1.Asian Metal Copyright1 China's secondary lead producers' operating rate records 44.Asian Metal Copyright2 China's primary lead producers' output up by 14.68% MOM in Sep 2022 7
5.1.Asian Metal Copyright2 China's ten nonferrous metals production up by 6.Asian Metal Copyright3 China's primary lead producers' stocks up by 0.03% MOM in Sep 2022 7
5.2 Secondary lead producers statistics 8
5.2.Asian Metal Copyright2 Secondary lead producers statistics 8 5.Asian Metal Copyright1 China's secondary lead producers' operating rate records 44.66% in Sep 2022 8
5.2.Asian Metal Copyright1 China's lead concentrate and ore imports up by 73.Asian Metal Copyright2 China's secondary lead producers' output down by 2.27% MOM in Sep 2022 8
5.2.Asian Metal Copyright3 Imported lead concentrate 50%min 4 3.Asian Metal Copyright3 China's secondary lead producers' stocks down by 4.44% MOM in Sep 2022 9
5.3 Lead concentrate producers statistics 9
5.3.Asian Metal Copyright2 Erguna Xinyi Mining resumes lead concentrate output 6 4.Asian Metal Copyright1 China's lead concentrate producers' operating rate records 50.98% in Sep 2022 9
5.3.Asian Metal Copyright3 OECD cuts global economic growth forecast for 2023 3 3 Market Movements 3 3.Asian Metal Copyright2 China's lead concentrate producers' output up by 3.09% MOM in Sep 2022 10
5.3.Asian Metal Copyright66% in Sep 2022 8 5.Asian Metal Copyright3 China's lead concentrate producers' stock up by 54.17% MOM in Sep 2022 10
6 Consumers Statistics 11
6.1 China primary lead producers' consumption volume for lead concentrate up by 8.00% MOM in Sep 2022 11
6.2 China primary lead producers' inventory for lead concentrate up by 2.10% MOM in Sep 2022 11
7 Customs Statistics 12
7.1 China's lead concentrate and ore imports up by 73.94% MOM in Aug 2022 12
8 Market Outlook for Next Month 13
8.1 Lead ingot 99.994%min 13
8.2 Lead concentrate 60%min 13
8.3 Imported lead concentrate 50%min TCs 13
8.4 Secondary lead ingot 99.994%min 13
8.5 Secondary lead ingot 98%min 13
8.6 Used battery 13
.Asian Metal Copyright7 Linwu South Mining restarts lead concentrate output 6 5 Producers Statistics 6 5Asian Metal Copyright