Lead Market Report May 2014
2014-06-13 18:37:06 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
Introduction 3
1.Financial News Overview 3
1.1 International financial news overview 3
1.1.1 Crude oil futures prices rebound slightly 3
1.1.2 Index of USD rises 4
1.2 Chinese Financial News Overview 5
1.2.1 China’s CPI up by 1.8%, PPI down by 2.6% YOY in April 5
1.2.2 China’s PMI continues to rebound in May 6
2. International Market Review 6
2.1 Lead futures hover at high marks on the LME in May 6
3. Chinese market review 7
3.1 Chinese lead concentrate prices continue to head up slightly in May 7
3.2 Chinese lead ingot prices climb up slowly 8
3.3 Secondary lead prices stable with thin trading in May 9
3.4 Recycled lead battery prices remain on the rise 12
3.5 Lead acid battery demand decreases in May 13
4．Production Data 15
4.1 World demand for refined lead metal exceeds supply by 10kt in Q1 2014 15
4.2 Lead production in China 15
4.2.1 Chinese primary lead smelters’ operating rate recovers to 61.16% in May 15
4.2.2 Secondary lead output of largest smelters down by 3% MOM in May 17
4.2.3 Lead ingot stocks at Chinese primary lead smelters up by 36.75% MOM in late May 2014 17
4.2.4 Recycled lead battery inventories held by major secondary lead smelters up by 1% MOM by end of May 18
4.2.5 Major Chinese smelters’ secondary lead inventories up by 38% MOM by end of May 19
5. Import and export data in China 20
5.1 Lead import and export data in China by country: 20
5.2 Analysis of lead import & export data 22
5.2.1 China’s lead ore/concentrate imports down by 38.21% MOM in April 2014 22
5.2.2 China’s refined lead exports up by 31.86% YOY in April 2014 24
5.3 Top ten Chinese lead ore/concentrate importers in April 2014 26
5.4 China’s lead acid battery exports up by 26% MOM in April 26
6．Company News 28
6.1 Caijiaying Lead-Zinc Mine to double its production capacity to 1.5 million tonnes 28
6.2 Xingye Group’s lead smelter has no plan to start operation in 2014 28
6.3 Huludao Zinc restarts its lead-zinc imperial smelting furnace 28
6.4 Geermu Yuyuan lead smelter to resume production in August 28
7．Related industry Developments 29
7.1 China’s automobile sales volume and production retreat in April 29
8．Market Outlook 29
1.Financial News Overview 3
1.1 International financial news overview 3
1.1.1 Crude oil futures prices rebound slightly 3
1.1.2 Index of USD rises 4
1.2 Chinese Financial News Overview 5
1.2.1 China’s CPI up by 1.8%, PPI down by 2.6% YOY in April 5
1.2.2 China’s PMI continues to rebound in May 6
2. International Market Review 6
2.1 Lead futures hover at high marks on the LME in May 6
3. Chinese market review 7
3.1 Chinese lead concentrate prices continue to head up slightly in May 7
3.2 Chinese lead ingot prices climb up slowly 8
3.3 Secondary lead prices stable with thin trading in May 9
3.4 Recycled lead battery prices remain on the rise 12
3.5 Lead acid battery demand decreases in May 13
4．Production Data 15
4.1 World demand for refined lead metal exceeds supply by 10kt in Q1 2014 15
4.2 Lead production in China 15
4.2.1 Chinese primary lead smelters’ operating rate recovers to 61.16% in May 15
4.2.2 Secondary lead output of largest smelters down by 3% MOM in May 17
4.2.3 Lead ingot stocks at Chinese primary lead smelters up by 36.75% MOM in late May 2014 17
4.2.4 Recycled lead battery inventories held by major secondary lead smelters up by 1% MOM by end of May 18
4.2.5 Major Chinese smelters’ secondary lead inventories up by 38% MOM by end of May 19
5. Import and export data in China 20
5.1 Lead import and export data in China by country: 20
5.2 Analysis of lead import & export data 22
5.2.1 China’s lead ore/concentrate imports down by 38.21% MOM in April 2014 22
5.2.2 China’s refined lead exports up by 31.86% YOY in April 2014 24
5.3 Top ten Chinese lead ore/concentrate importers in April 2014 26
5.4 China’s lead acid battery exports up by 26% MOM in April 26
6．Company News 28
6.1 Caijiaying Lead-Zinc Mine to double its production capacity to 1.5 million tonnes 28
6.2 Xingye Group’s lead smelter has no plan to start operation in 2014 28
6.3 Huludao Zinc restarts its lead-zinc imperial smelting furnace 28
6.4 Geermu Yuyuan lead smelter to resume production in August 28
7．Related industry Developments 29
7.1 China’s automobile sales volume and production retreat in April 29
8．Market Outlook 29
