On July 12, the quotation range of 1 × lead ingot in the domestic spot lead market was about 14850-14950 yuan / ton, with an average price of 14900 yuan / ton, up 150 yuan / ton from the previous trading day.
On the night of the 11th, the US dollar rose sharply, the crude oil price fell significantly, and the performance of the metal market last night was mixed. On the whole, it was more vulnerable, and the lead price trend was stronger. Lun lead and Shanghai lead rose more than 1% at night. Shanghai lead continued to rise in the morning, rising 1.52% as of the close. In terms of supply, the recent overhaul of the smelter was completed, the operating rate was increased, and the lead supply was restored. In terms of recycled lead, Anhui, the main production area, is limited, and the recent production is likely to decline, which is good for primary lead. The recent performance of the demand side is still off-season, but with the improvement of car sales, the recent start-up of battery enterprises has increased to a certain extent. Under the pattern of both supply and demand, it is expected that the lead price will be stable, medium and strong in the future.
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