Battery manufacturers purchase lead ingot inactively

Lead ingot price fell by a small margin on Thursday to RMB14,500-14,600/t (USD2,123-2,382/t).Asian Metal Copyright They usually purchase 300t of lead ingot every half a month.Asian Metal Copyright The current macroeconomics situation is gloomy, and in the wake of the slack season of lead ingot, lead market is confronted with more pressure.Asian Metal Copyright " The influence factor of the lead price is complicated.Asian Metal Copyright Battery manufacturers keep watching the lead ingot market.Asian Metal Copyright" According to the source they still hold 700t of lead ingot on hand.Asian Metal Copyright

A source from a Guangdong-based battery company reported, "Along with the summer's coming, our demand of lead ingot in May decreased by about 100t from last month.Asian Metal Copyright They usually purchase 300t of lead ingot every half a month.Asian Metal Copyright" This battery producer consumed 500t of lead ingot in May.Asian Metal Copyright" According to the source they still hold 700t of lead ingot on hand.Asian Metal Copyright They usually purchase 300t of lead ingot every half a month.Asian Metal Copyright Due to the slack economy and summer's come, most market participants predict the price might fall unceasingly.Asian Metal Copyright

"The recent offers are around RMB14,500-14,800/t (USD2,123-2,167/t), which are much lower than the smelters' production cost," said the source: "The low price is beneficial to us to cut the cost, but many smelters are reluctant to sell at the current price.Asian Metal Copyright "The recent offers are around RMB14,500-14,800t USD2,123-2,167t, which are much lower than the smelters' production cost," said the source: "The low price is beneficial to us to cut the cost, but many smelters are reluctant to sell at the current price.Asian Metal Copyright" According to the source they still hold 700t of lead ingot on hand.Asian Metal Copyright A source from a Guangdong-based battery company reported, "Along with the summer's coming, our demand of lead ingot in May decreased by about 100t from last month.Asian Metal Copyright

A source from a Henan-based smelter told us, "We decreased the offer again from RMB14,600/t (USD2,382/t) to RMB14,500/t (USD2,123/t) on Thursday.Asian Metal Copyright "The recent offers are around RMB14,500-14,800t USD2,123-2,167t, which are much lower than the smelters' production cost," said the source: "The low price is beneficial to us to cut the cost, but many smelters are reluctant to sell at the current price.Asian Metal Copyright" The production of the smelter is about 5,000tpm.Asian Metal Copyright The current macroeconomics situation is gloomy, and in the wake of the slack season of lead ingot, lead market is confronted with more pressure.Asian Metal Copyright "Some downstream manufacturers are not in a hurry to return to the market and keep watching the market, as they still have inventories on hand.Asian Metal Copyright " The influence factor of the lead price is complicated.Asian Metal Copyright "

The influence factor of the lead price is complicated.Asian Metal Copyright Battery manufacturers keep watching the lead ingot market.Asian Metal Copyright Due to the slack economy and summer's come, most market participants predict the price might fall unceasingly.Asian Metal Copyright "The recent offers are around RMB14,500-14,800t USD2,123-2,167t, which are much lower than the smelters' production cost," said the source: "The low price is beneficial to us to cut the cost, but many smelters are reluctant to sell at the current price.