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Antaike's output report on refined lead in June 2020

2020-07-17 13:10:18

Beijing, July 15 (Antaike)--Antaike’s lead output statistic covers 37 primary lead companies and 33 secondary lead companies, concerning 3.82Mt of primary lead capacity and 3.98Mtpy of secondary lead capacity (5.98Mt of dismantling capacity of waste batteries and 420kt of scrap lead processing capacity). They produced 418kt of refined lead in June, up 13.2% year on year and 16kt month on month, of which primary lead output was 210kt, up 16% year on year and 4.3% month on month, secondary lead output was 208kt, up 10.4% year on year and 3.7% month on month, accounting for 49.7% of the total refined lead output.




Total refined lead was 2.153Mt in Jan-Jun, down 5.1% year on year, of which primary lead output increased 2.7% but secondary lead output fell 14.2% on a yearly basis, and the proportion of secondary lead was 41.8%.




Primary lead enterprises in Inner Mongolia and Anhui resumed production from maintenance, and refineries in Jiangxi, Shaanxi and Guangdong lift utilization rates, therefore output increased on a monthly basis. Some secondary lead smelters in Guizhou and Henan conducted maintenance, therefore output growth slowed to some extent.




In July, waste battery supply couldn’t match the rapid expansion of secondary lead capacity in a short term, which may affect their production, plus the capacity replacement in Henan, secondary lead output increment will be flat. Some primary lead smelters in Yunnan, Hunan and Jiangxi will take maintenance, and most others will be in normal production.




Antaike estimates refined lead output will decrease 3kt month on month in July.




Major primary lead smelters had 7kt of inventory in early July, down 5kt compared with early June.








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