This week, the lead market (5.13-5.20) “V” trend. The average price of the domestic market was 15000 yuan / ton last weekend and 14915 yuan / ton this weekend, down 0.57% this week.

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.

According to the price monitoring of the trading society, in the list of commodity prices rising and falling in the 20th week of 2022 (5.16-5.20), there are 11 commodities rising month on month in the non-ferrous sector, and the top three commodities are nickel (4.70%), praseodymium oxide (2.17%) and praseodymium neodymium alloy (2.04%). A total of 11 commodities fell month on month, and the top three products were metal silicon (- 4.61%), magnesium (- 3.74%) and tin (- 3.53%). The average rise and fall this week was – 0.2%.

Lead futures market on February 20, 2025

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

Shanghai lead, 15005 yuan / ton+ 15. 90650 tons

London lead, USD 2160.5/t+ 82.5., 38850 tons

In the futures market, the “V” trend of Lun lead this week, with an overall shock range of US $2025-2133 / ton, with a wide shock. At the beginning of the week, the US dollar fluctuated at a high level, and the outer disk metals were generally under pressure. The downward trend was obvious, and Lun lead followed the decline. In the middle of the week, the US dollar and US stocks fell, the metal market stopped falling and stabilized, and began to touch the bottom and pick up. Shanghai lead basically follows the trend of Lun lead, with a shock range of 15090-14680 yuan / ton, and the overall trend is “V”.

In the domestic market, the recent market is in the off-season, and the lead price mainly follows the fluctuation of the futures market. The overall fluctuation closely follows the trend of Shanghai lead, showing a “V” shape as a whole. Basically, the supply side changes little, and the overall supply is slightly tight. In terms of downstream demand, the battery is still in the traditional seasonal off-season, the sales situation is general, and the support for the demand for lead ingots is limited. However, with the increase of areas for resumption of work and production in China, market participants believe that there may be a wave of replenishment demand for lead ingots in the future, so it supports the recovery of lead prices. However, according to the current overall situation, it is expected that the trend of weak shocks will be dominated in the short term.