The lead market (5.6-5.13) fluctuated upward this week. The average price of the domestic market was 15685 yuan / ton last weekend and 15000 yuan / ton this weekend, down 4.37% this week.

Investors can use the K-bar chart to reflect the price change of commodities every week, or the K-bar chart to reflect the price change of commodities every month. Red means: rising; Green means: falling; The height of K column indicates the range of rise and fall.

According to the price monitoring of the trading society, there are 10 kinds of commodities in the non-ferrous sector in the list of commodity prices in the 19th week of 2022 (5.9-5.13). The top three commodities are praseodymium neodymium oxide (4.90%), praseodymium neodymium alloy (4.74%) and metal neodymium (3.17%). A total of 12 kinds of commodities decreased month on month, and 1 kind of commodities decreased by more than 5%, accounting for 4.3% of the monitored commodities in this sector; The products with the top three declines were tin (- 9.32%), magnesium (- 4.04%) and electrolytic manganese (- 3.99%). The average rise and fall this week was – 0.68%.

Lead futures market on May 6, 2022

varieties., Closing price, Compared with the same period last week, Inventory

Shanghai lead, 14990 yuan / ton- 755., 92960 tons

London lead, USD 2078 / T- 152., 38175 tons

In the futures market, Lun lead fell continuously this week, with a decline of more than 6%, and the operating range was US $2080-2285 / ton, with a wide decline. Affected by the Fed’s interest rate hike, the performance of US data is poor, the overall high operation of the US dollar, the non-ferrous metal market is generally under pressure, most of them are down this week, and Lun lead is under pressure. Shanghai lead’s performance is similar to that of Lun lead. It went down as a whole this week, with an operating range of 14920-15820 yuan / ton, down 5.4% this week and falling continuously during the week. In terms of inventory, Shanghai lead inventory increased significantly this week, rising to 92960 tons by Friday, with a total increase of 10331 tons, which was bad for the market again.

In the domestic market, the recent market is in the off-season, and the lead price mainly fluctuates with the futures market, falling 4.37% this week. The high level of the futures market fell, and the spot market generally fell. Basically, due to the impact of refinery maintenance and slightly tight mine end supply, the supply of lead ingots is weak at present. In terms of downstream demand, the battery has entered the traditional off-season market, and the domestic sales situation is general, while the recent performance of foreign orders is also weak, the off-season performance is obvious, and the support for the demand for lead ingots is limited. With the price falling all the way, there are some low-price inquiries in the market, but the overall trading is on the sidelines. On the whole, the metal market is under pressure as a whole, and it is expected that the trend will be weak and volatile in the short term.