On June 21, the quotation range of 1# lead ingot in the domestic spot lead market was about 15000-15100 yuan / ton, with an average price of 15050 yuan / ton, up 200 yuan / ton compared with the previous trading day.
Recently, the downstream battery is still in the seasonal off-season, the finished product inventory of the enterprise is still high, and the demand for lead ingot procurement is weak. In terms of primary lead, there have been a lot of off-season maintenance by manufacturers recently, and the overall operating rate of the smelter is low due to the tight supply at the mine end. The overall performance is weak in both supply and demand. In the off-season, the lead ingot market demand is weak. The recent market fluctuations mainly follow the trend of futures. It is expected that the lead price will maintain a range fluctuation trend in the short term, focusing on the recovery of downstream demand.
| PVA |