多种规格的组件和系统解决方案满足您多样化需求
新闻 News
News 企业动态

What is Behind Skyrocketing Lead Price?

时间: 2016-12-01
浏览量: 225

Lead prices, both home and abroad, have refreshed highs in recent days. What factors drive lead prices up?


SHANGHAI, Nov. 28 - Lead prices, both home and abroad, have refreshed highs in recent days. LME lead grew $192 per tonne last Friday. Shanghai Metals Market(SMM) Reports #1 lead price increased 1,200 yuan per tonne to 21,050-21,200 yuan per tonne on Monday, hitting the highest level since April 28, 2008.


What factors drive lead prices up?


“Positive fundamental is one major price driver behind surging lead prices, in addition to speculative funds and bullish sentiment,” SMM lead analyst says.


Chinese Battery Producers Plan to Cut Output as Lead Surges, SMM Says. According to SMM survey, domestic battery producers began raising battery prices due to rising costs on November 15 when spot lead climbed above 18,000 yuan per tonne in China’s market, and some producers even stopped receiving new orders. Currently, most mid and large-scale battery producers are discussing cut plans.


First, both supply of domestic and imported lead ore is tight, which can also be told from falling TCs of lead concentrate, SMM survey finds. Offers of TCs for domestic lead concentrate dropped below 1,000 yuan per tonne and those of imported lead concentrate fell to $30-40 per dry tonne, the record low level.


Second, lead supply is insufficient in China’s market.


Primary lead smelters produce only for term contracts with shortage of goods, and output at secondary lead smelters decline significantly due to new environmental protection inspections. To sum up, supply is extremely insufficient in China’s market, especially goods with bills.


Third, downstream demand is picking up.


The surge in lead price has pushed up battery prices and orders as well, Growing orders also help utilization rates at battery prices at highs. Strong buying interest has also reduced battery inventories down from a high level seen in H1 2016, also pushing up lead prices.



EverExceed Corporation

Dec. 1st 2016

 

 

To learn more about EverExceed Corporation, please visit: http://www.everexceed.com


新闻 / 相关新闻 查看更多
2017 - 10 - 25
The number of clicks: 127
Recently, EverExceed's exclusive agent successfully established our exhibition hall for our products in Ghana, Africa. As an innovative contributor to the wider use of solar energy in Ghana in particular, they has helped to expand the local market by providing technical training on design, installation and maintenance of off-grid solar system, grid-connected solar systems as well as electrical pow...
2017 - 04 - 07
The number of clicks: 99
Valued customers,Many thanks for your long-term trust and support to EverExceed !To meet with the diversified marketing needs, EverExceed R&D department has newly developed the EverExceed Lithium Ion batteries - the innovation needed for today’s UPS applications Green Energy.New Products Notice on EverExceed UPS Lithium Ion Battery2017-04-07Valued customers,Many thanks for your long-term trust...
2017 - 10 - 25
The number of clicks: 78
Recently, our exclusive agent as our representative in Ghana successfully took participation in the 3rd Ghana Renewable Energy Fair, which was held in Accra International Conference Center on October 10-12, 2017. This annual event aims at creating a platform for stakeholders in the renewable energy industry for the promotion of renewable energy technologies and innovation. As one of the innovative...
2017 - 09 - 28
The number of clicks: 237
On September 10, 2017, we EverExceed delegates had smoothly returned back from the four-day exhibition of Electric, Power & Renewable Energy Indonesia 2017, which were hold on Jakarta International Expo, Kemayoran, Indonesia. This Expo is the the 18th series of Electric, Power and Renewable Energy and Electrical Equipment Exhibitions show in the Southeast Asia. And it is the most influential e...
2017 - 09 - 20
The number of clicks: 138
In May, our customers from Syria had successfully finished their University Exhibition in renewable energy center with our EverExceed deep cycle batteries, solar water pump system, solar home system, etc. This exhibition was one of the professional regional renewable energy in Syria and attracted many local potential customers to visit our Syrian customers’ booth, which would be a great win-win si...
2017 - 04 - 07
The number of clicks: 80
Valued customers,Many thanks for your long-term trust and support to EverExceed !To meet with the diversified marketing needs, EverExceed R&D department has newly developed the EverExceed SNMP Card for V & T Series power system.EverExceed SNMP Card for basic MPPT charge controller & V series (Inverter & Charger) power system network moniter, this product has basic Titan series MPPT...
LINK:
联系我们
通讯
  • E-mail:
  • *
联系地址
深圳市宝安区石岩街道石龙社区德政路5号森海诺科创大厦19楼A,邮编518108
marketing@everexceed.com
755 2163 8065
关注我们

官方二维码

公众号二维码

Copyright ©2017 - 2021 深圳市永新能科技有限公司
犀牛云提供企业云服务
X
等待加载动态数据...

等待加载动态数据...

等待加载动态数据...

等待加载动态数据...

等待加载动态数据...

等待加载动态数据...

等待加载动态数据...

等待加载动态数据...

等待加载动态数据...

等待加载动态数据...

展开