In April 2022, the price of lead fluctuated for many times, with a monthly increase of 0.06%

In April 2022, the domestic 1# lead ingot Market fluctuated. The average price of the domestic market was 15495 yuan / ton at the beginning of the month and 15505 yuan / ton at the end of the month, with a monthly increase of 0.06%.

 

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On April 29, the base metal index was 1504 points, up 2 points from yesterday, down 6.93% from the highest point of 1616 points in the cycle (2022-03-09), and up 134.27% from the lowest point of 642 points on November 24, 2015. (Note: the period refers to the period from December 1, 2011 to now).

 

The K-bar chart of commodity price 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 and sell investment 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.

 

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In April, the domestic lead ingot Market fluctuated, with a downward trend in the first half of the month and a downward trend again after an upward trend in the second half of the month. At the beginning of this month, China is just the Qingming Festival holiday. After the festival, the market opens, and the price of lead ingots rises first and then falls. Basically, the operating rate of primary lead enterprises has increased slightly. In terms of recycled lead, due to the limited transportation, the trans provincial transportation has a certain impact. Boosted by the rising price of primary lead, the price of recycled lead is also rising, the profit of enterprises has increased, and the construction is active. In the later stage, with the traffic obstruction caused by public health events in many places in China, the transportation of recycled lead was limited, which had a certain impact on the inter provincial transportation, so the market entered a short consolidation period. At the end of the month, with the gradual recovery of domestic transportation and the gradual recovery of market trading, the market mentality was boosted, and the price of lead ingot began to rise. However, in terms of downstream demand, with the market entering the off-season in April, the demand for storage batteries began to decline, and there were many enterprises reducing the burden. Downstream storage battery enterprises mainly purchased on demand. Affected by this, the overall domestic market trading was light, the overall transaction was weak, and the price fell near the end of the month.

 

In the aftermarket, the business society believes that, however, the downstream gradually enters the off-season, and the support for the demand for lead ingots is limited. It is expected that the lead price will still maintain the shock trend, and the off-season price mainly follows the trend of the futures market, and the overall shock is expected.

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