This week, the lead market (9.21-9.25) rose and then fell back. The domestic market average price was 15340 yuan / ton at the beginning of the week and 15102.5 yuan / ton at the weekend, with a weekly decrease of 1.55%.
On September 26, the lead commodity index was 91.91, flat with yesterday, down 31.42% from 134.01 (2016-11-29), and 23.15% higher than the lowest point of 74.63 on March 19, 2015. (Note: period refers to 2011-09-01 to now).
This week, the price of lunlun lead rose and then fell back, fluctuated in the range of 1950-2025 U.S. dollars / ton. Affected by the weakening of US dollar, it rose to the highest point of 2025 US dollars / ton since mid January 2020. Later, affected by the high LME lead inventory, the price went down. Shanghai period tin this week to follow the trend of Lun lead after high, the overall trend is weak, the trend is inferior to the external price.
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This week, the domestic spot market price was close to the trend of Shanghai lead, and then fell back. At the beginning of the week, under the influence of the downstream holiday, stock preparation before the festival and the increase of market procurement, the market price rose steadily and the transaction was good. From the following week, with the replenishment coming to the end and the Shanghai lead market falling, the spot lead price fell. In terms of recycled lead, the price of used batteries is firm. Due to the impact of strict environmental inspection, the market supply is relatively small, and the market transaction is limited.
According to the price monitoring of the business agency, in the 38 th week (9.21-9.25) of 2020, there are 4 kinds of commodities in the non-ferrous plate rising month on month, and the top three commodities are antimony (2.93%), silicon metal (1.61%) and cobalt (0.24%). There were 17 kinds of commodities with a decline of more than 5%, accounting for 4.5% of the total number of monitored commodities in the plate; the top three products were silver (- 15.67%), zinc (- 4.51%) and gold (- 4.12%). This week, the average rise and fall was – 1.88%. This week, the metal market is mainly downward.
The business agency predicts that there will be only three trading days before the festival next week. As the long holiday approaches, the domestic market atmosphere turns cold, and the price is expected to stabilize temporarily before the festival.
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