April 28, 2023:
Leading up to the May Day holiday, stock preparation is nearing completion, and market activity is gradually diminishing. Battery manufacturers are maintaining a subdued purchasing stance to restock inventory, leading to a subdued trading atmosphere in the lead market. Terminal battery manufacturers in the lead market continue to grapple with consumption constraints during the off-season.
February 16, 2023:
The lead price experienced a decline, with electrolytic lead prices steadily dropping. Expectations indicate a weak lead price backdrop amid a significant increase in inventory. Certain smelting enterprises and cargo holders are optimistic about the future market, contributing to their reluctance to sell.
November 04, 2022:
The market price of recycled lead exhibited a steady decline this week. Downstream enthusiasm for receiving goods is lackluster, with market participants adopting a more bearish and cautious approach to receiving goods. The short-term outlook foresees a weak operation of lead prices.
September 30, 2022:
In the week of September 26, 2022, factors such as the US dollar interest rate hike resulted in a gradual decline in the market supply of regenerated lead and lead ingots. Some factories are unable to operate at full capacity due to an insufficient supply of raw materials. The upcoming China National Day holiday introduces unpredictability to the market. The highest USD against offshore RMB exchange rate reached a breakthrough of 1:7.26, but as of today, September 30, 2022, it has reverted to 1:7.11.