This week, the lead market (4.1-4.8) “V” trend. The average price of the domestic market was 15495 yuan / ton last weekend and 15415 yuan / ton this weekend, down 0.52% 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 business society, there are two kinds of commodities in the list of commodity prices rising and falling in the 14th week of 2022 (4.4-4.8). The top two commodities are zinc (0.33%) and copper (0.17%). A total of 16 commodities fell month on month, and the top three products were electrolytic manganese (- 3.44%), aluminum (- 3.43%) and neodymium (- 3.31%). The average rise and fall this week was -1.04%.

In terms of futures market, Lun lead’s “V” trend fell this week, and the overall shock range was US $2365-2453 / ton. At the beginning of the week, boosted by the rise of crude oil, the metal market generally rose, and Lun lead followed. Later, with the rise of the US dollar, the metal market was generally under pressure, and the opening of Lun lead was under pressure. Shanghai lead basically followed the trend of Lun lead, rising first and then falling, and the high level fell on Thursday.

During the week, China happens to be 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 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 cases of enterprise burden reduction. Downstream storage battery enterprises mainly purchased on demand.

In the aftermarket, the business community believes that 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 remain volatile, focusing on the impact of the futures market.