Monthly Lead Market Report Nov 2022

1 Market Highlights 2
2 Economy and Policy 2
2.1 GACC: China's foreign trade value up by 9.5% YOY in Jan-Oct 2022 2
2.2 China's ten nonferrous metals production up by 3.3% YoY in Jan-Oct 2
2.3 China's nonferrous industry carbon emission to peak by 2030 2
2.4 China unveils plan to bolster industrial economic recovery 2
2.5 China to accelerate revision of mandatory energy quota standards for steel, non-ferrous metal and other industries 2
2.6 China's central bank to cut RRR by 0.25 percentage points 3
2.7 MEE unveils action plan to win battle for blue skies 3
3 Market Movements 3
3.1 Market Movements in China 3
3.1.Asian Metal Copyright2 Secondary lead producers statistics 8 5.Asian Metal Copyright1 Lead ingot 99.994%min 3
3.1.2 Lead concentrate60%min 3
3.1.3 Imported lead concentrate 50%min 4
3.1.Asian Metal Copyright6 China's central bank to cut RRR by 0.Asian Metal Copyright4 Secondary lead ingot 99.994%min 4
3.1.5 Secondary lead ingot 98%min 4
3.1.6 Recycled battery 5
4 Company News 5
4.1 Luoping Zinc & Electricity: Fule lead-zinc mine suspends operation 5
4.2 Taihe Dahua Energy Technology restarts secondary lead ingot output 5
4.3 Baoshan Nonferrous Metal resumes lead concentrate output 6
4.4 Zhengping Group to carry out strategic cooperation with Morocco Atlas 6
4.5 Jinyang Shiheng Mining halts lead concentrate production 6
4.6 Zhejiang Tianneng halts secondary lead ingot output 6
4.7 Tibet Baoxiang Mining halts lead& zinc concentrate output 6
5 Producers Statistics 6
5.1 Primary lead producers statistics 6
5.1.Asian Metal Copyright1 China's secondary lead producers' operating rate records 45.Asian Metal Copyright1 China's primary lead producers' operating rate records 63.27% in Nov 2022 6
5.1.Asian Metal Copyright3.Asian Metal Copyright2 China's primary lead producers' output down by 0.52% MOM in Nov 2022 7
5.1.Asian Metal Copyright7 MEE unveils action plan to win battle for blue skies 3 3 Market Movements 3 3.Asian Metal Copyright3 China's primary lead producers' stocks up by 4.52% MOM in Nov 2022 7
5.2 Secondary lead producers statistics 8
5.2.Asian Metal Copyright5 Jinyang Shiheng Mining halts lead concentrate production 6 4.Asian Metal Copyright1 China's secondary lead producers' operating rate records 45.27% in Nov 2022 8
5.2.Asian Metal Copyright1 China's primary lead producers' operating rate records 63.Asian Metal Copyright2 China's secondary lead producers' output up by 6.46% MOM in Nov 2022 8
5.2.Asian Metal Copyright1.Asian Metal Copyright3 China's secondary lead producers' stocks up by 9.78% MOM in Nov 2022 9
5.3 Lead concentrate producers statistics 9
5.3.Asian Metal Copyright1.Asian Metal Copyright1 China's lead concentrate producers' operating rate records 48.97% in Nov 2022 9
5.3.Asian Metal Copyright00% MOM in Nov 2022 10 6 Consumers Statistics 11 6.Asian Metal Copyright2 China's lead concentrate producers' output up by 5.47% MOM in Nov 2022 10
5.3.Asian Metal Copyright6 Used battery 13 .Asian Metal Copyright3 China's lead concentrate producers' stock up by 30.00% MOM in Nov 2022 10
6 Consumers Statistics 11
6.1 China primary lead producers' consumption volume for lead concentrate up by 7.71% MOM in Nov 2022 11
6.2 China primary lead producers' inventory for lead concentrate up by 5.46% MOM in Nov 2022 11
7 Customs Statistics 12
7.1 China's lead concentrate and ore imports up by 73.94% MOM in Oct 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

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