Lead price “V” trend this week (12.31-1.7)

This week, the lead market (12.31-1.7) “V” trend. The average price of the domestic market was 15256.25 yuan / ton last weekend and 15331.25 yuan / ton this weekend, with a weekly increase of 0.49%.


Azodicarbonamide (AC foaming Agent)

The commodity price K-bar chart uses the concept of K-line of price trend to reflect the weekly or monthly price changes in the form of bar chart. Investors can buy, sell and invest according to the changes of K-bar chart. Red means: rising; Green means: falling; The height of K column indicates the range of rise and fall.


In terms of futures, affected by the new year’s Day holiday at the beginning of this week, the price was stable. Affected by the expected interest rate increase of the Federal Reserve on Wednesday, the metal trend was generally under pressure, and Lun lead operated weakly. Supported by the low level of LME lead inventory, it began to rebound over the weekend. Shanghai lead showed a “V” trend as a whole this week, falling from a high on Wednesday and rebounding from a low on Friday, with a single day increase of more than 2%.


In terms of spot market, the trend this week is basically consistent with that of Shanghai lead. The domestic mainstream quotation range is 15000-15450 yuan / ton. The price fluctuates greatly, the downstream consumption is general, and most of them are wait-and-see. In terms of supply, the start-up of primary lead is slightly stable and the supply is acceptable. Near the New Year holiday, downstream battery enterprises have a certain demand for goods preparation, and are expected to consume the current inventory.


Benzalkonium chloride

According to the price monitoring of the business community, in the list of commodity prices rising and falling in the first week of 2022 (1.3-1.7), there are 15 kinds of commodities rising month on month in the non-ferrous sector, including 5 kinds of commodities rising by more than 5%, accounting for 22.7% of the monitored commodities in the sector; The top three commodities were neodymium oxide (8.11%), magnesium (7.14%) and metal neodymium (6.14%). There were 6 commodities with month on month decline, and the top 3 products were silver (- 3.91%), metallic silicon (- 1.08%) and gold (- 1.06%). Both rose or fell by 2.04% this week.


Overall, the fundamental changes of lead market are limited, and the downstream procurement is cautious, most of which are based on demand. Under the environment of weak supply and demand, the market outlook is dominated by shock. When the downstream preparation is completed, the lead ingot inventory will pick up, and the price may have downward space.


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