Lead prices fluctuate at high levels during peak season expectations (9.1-9.8)

This week’s lead market (9.1-9.8) showed a “V” trend, with the average price in the domestic market at 16550 yuan/ton last weekend and 16605 yuan/ton at the beginning of the week, up 0.33%.

 

Benzalkonium chloride

The K-bar chart of commodity prices uses the concept of a price trend K-line to reflect weekly or monthly price fluctuations in the form of a bar chart. Investors can buy and sell investments based on the changes in the K-bar chart. Red indicates an increase; Green indicates a decline; The height of the K-pillar indicates the range of rise and fall, and the recent market trend is relatively strong, with the lead ingot market rising for 9 consecutive weeks.

 

In terms of supply, the construction of primary lead refineries has remained at a high level recently, and the supply of recycled lead has also been relatively stable in the near future. The downstream market on the demand side has been in a seasonal peak season recently, with only automotive batteries showing outstanding performance in the downstream market. The demand for construction has been in the peak season market. However, the performance of the electric vehicle battery market is relatively ordinary, with the overall peak season not booming, and the construction is relatively low, resulting in average market demand. Overall, the lead ingot market has been relatively weak in recent times due to fundamental factors, mainly following macroeconomic fluctuations. The impact of capital games on the market far exceeds the supply and demand side. In the peak season, it is expected that the market will continue to maintain a high volatility trend in the short term. In the future, the focus will be on the recent macroeconomic and financial performance.

 

Sodium Molybdate

On September 10th, the base metal index stood at 1233 points, unchanged from yesterday, a decrease of 23.70% from the cycle’s highest point of 1616 points (2022-03-09), and an increase of 92.06% from the lowest point of 642 points on November 24th, 2015. (Note: The cycle refers to the period from December 1st, 2011 to the present).

 

According to the price monitoring of the Business Society, in the 36th week of 2023 (9.4-9.8), there were a total of 18 commodities in the non-ferrous sector that rose month on month in the list of commodity prices. Among them, there was one commodity that increased by more than 5%, accounting for 4.3% of the monitored commodities in this sector; The top three commodities with the highest increase were magnesium (6.41%), metallic praseodymium (4.69%), and praseodymium oxide (3.94%). There are four products that have decreased compared to the previous month, with nickel (-2.33%), silver (-1.70%), and copper (-1.56%) ranking among the top three products. This week’s average rise and fall was 1.59%.

http://www.lubonchem.com/

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