After opening the LME Lead** price chart, one can see that the price of lead** has hit a low of US$850/t on December 24, 2008 after the global financial crisis was hit, after which a strong round began. The upward trend, and in January 6, 2010 hit a high of 2,690 US dollars / t. During the year, the price of LME lead ** went out of a beautiful V-shaped trend. After the first half of the year's correction, it went out of a strong upward trend in the second half of the year. On November 11th, it went out of the $2649/t level - since the global financial crisis. The second highest point. Why can lead prices rise more than three times below the lowest point after the global financial crisis hit hard? What strength is supporting such a strong trend?
As the developed countries basically complete the process of industrialization and their domestic metal resource demand is reduced, the demand of emerging economies for metal resources is just in the ascendant. From the perspective of total consumption, the world's lead consumption has gradually shifted from developed countries to developing countries. With the advancement of the industrialization of emerging economies, their lead demand continues to grow. According to the prediction of the Lead and Zinc Research Group, in 2011 China's refined lead consumption will account for 45.9% of the world's total consumption, the US accounts for 15.5%, Europe accounts for 16.6%, South Korea accounts for 3.3%, Japan accounts for 2.3%, and other regions account for 16.4%. In 2001, the proportion was 10.8% in China, 26.2% in the United States, 31.7% in Europe, 4.8% in South Korea, 4.4% in Japan, and 22.2% in other regions.
Lead manager of US lead producer Doe Run Company recently briefed delegates attending the International Battery Conference in Austin, Texas, that the demand for battery drives in the mobile Internet, energy storage, and transportation industries is driving the lead industry and The development of the battery industry.
Lou Magdits, the company’s raw material director, said at the meeting that the consumption of lead has traditionally been the automotive industry, and the consumption of electric vehicles in the United States is gradually increasing. In the emerging economies, such as China needs more lead-acid batteries to meet their own needs, the global lead production and consumption increased. Emerging economies rely on batteries to start, mature economies rely on batteries to maintain sustained momentum, and lead-acid batteries help stabilize demand in the lead market. In addition, the application of lead in new hybrid vehicles, wind power, solar power and nuclear power plants has ensured its strong and long-term development prospects.
Hansen, the company’s vice president of marketing, said: “The lead-acid battery-driven or spark-ignited cars, motorcycles and electric vehicles are becoming more and more common in major countries in the world. There are more cities in China and will need to be more More lead is used to drive these cars."
In February 2010, the output of Chinese automobiles and light vehicles increased by 49% compared with February 2009. In 2009, the output of new electric bicycles reached 30 million, and more than 120 million electric bicycles have been used on the road. Hansen said that at the current level of growth rate, China is lagging behind North America in terms of private cars, and that there are 60 million and 300 million vehicles in the production of automobiles and electric bicycles.
In order to meet the needs of the automotive battery market, China surpassed North America in the past six years to become the world's largest lead producer and consumer. In 2009, China accounted for 41% of the world's total lead consumption of 8.3 million tons. China accounts for 42% of the world's total production of 8.6 million tons. China's lead production doubled between 2003 and 2009, and consumption was catching up with production.
Due to the world’s increasing demand for new and replacement lead-acid batteries, Doe Run is helping to meet the world’s demand for lead through the production of primary lead and recycled lead.
Magdits said: "Because of the increase in wireless consumer demand for data, the expansion of 3G coverage and the realization of 4G networks, mobile phone service providers are investing in the battery industry to increase the storage capacity of batteries. The installation of Y2K storage batteries will be in the future. Replaced within a few years, especially in the reliability of telecom operators, the telecom industry will continue to be one of the factors driving the growth of the lead industry until 2012.
Hansen said that despite this, the automotive industry still represents the largest market for the battery and lead industries.
Doe Run is also a leader in the recycling of lead. Each year, the company recycles 13.5 million tons of lead-acid batteries to produce raw materials for the production of new batteries. Doe Run has the most advanced production equipment in the world, and each year, the recycled lead recovered to nearly 160,000 tons. The US battery industry is actually a closed loop.
Hansen said: "With the continuous development of new technologies in the world, and China's increased consumption means that the lead industry will continue its development momentum. More stringent environmental regulations may affect supply, and the global lead industry must take countermeasures."
As the developed countries basically complete the process of industrialization and their domestic metal resource demand is reduced, the demand of emerging economies for metal resources is just in the ascendant. From the perspective of total consumption, the world's lead consumption has gradually shifted from developed countries to developing countries. With the advancement of the industrialization of emerging economies, their lead demand continues to grow. According to the prediction of the Lead and Zinc Research Group, in 2011 China's refined lead consumption will account for 45.9% of the world's total consumption, the US accounts for 15.5%, Europe accounts for 16.6%, South Korea accounts for 3.3%, Japan accounts for 2.3%, and other regions account for 16.4%. In 2001, the proportion was 10.8% in China, 26.2% in the United States, 31.7% in Europe, 4.8% in South Korea, 4.4% in Japan, and 22.2% in other regions.
Lead manager of US lead producer Doe Run Company recently briefed delegates attending the International Battery Conference in Austin, Texas, that the demand for battery drives in the mobile Internet, energy storage, and transportation industries is driving the lead industry and The development of the battery industry.
Lou Magdits, the company’s raw material director, said at the meeting that the consumption of lead has traditionally been the automotive industry, and the consumption of electric vehicles in the United States is gradually increasing. In the emerging economies, such as China needs more lead-acid batteries to meet their own needs, the global lead production and consumption increased. Emerging economies rely on batteries to start, mature economies rely on batteries to maintain sustained momentum, and lead-acid batteries help stabilize demand in the lead market. In addition, the application of lead in new hybrid vehicles, wind power, solar power and nuclear power plants has ensured its strong and long-term development prospects.
Hansen, the company’s vice president of marketing, said: “The lead-acid battery-driven or spark-ignited cars, motorcycles and electric vehicles are becoming more and more common in major countries in the world. There are more cities in China and will need to be more More lead is used to drive these cars."
In February 2010, the output of Chinese automobiles and light vehicles increased by 49% compared with February 2009. In 2009, the output of new electric bicycles reached 30 million, and more than 120 million electric bicycles have been used on the road. Hansen said that at the current level of growth rate, China is lagging behind North America in terms of private cars, and that there are 60 million and 300 million vehicles in the production of automobiles and electric bicycles.
In order to meet the needs of the automotive battery market, China surpassed North America in the past six years to become the world's largest lead producer and consumer. In 2009, China accounted for 41% of the world's total lead consumption of 8.3 million tons. China accounts for 42% of the world's total production of 8.6 million tons. China's lead production doubled between 2003 and 2009, and consumption was catching up with production.
Due to the world’s increasing demand for new and replacement lead-acid batteries, Doe Run is helping to meet the world’s demand for lead through the production of primary lead and recycled lead.
Magdits said: "Because of the increase in wireless consumer demand for data, the expansion of 3G coverage and the realization of 4G networks, mobile phone service providers are investing in the battery industry to increase the storage capacity of batteries. The installation of Y2K storage batteries will be in the future. Replaced within a few years, especially in the reliability of telecom operators, the telecom industry will continue to be one of the factors driving the growth of the lead industry until 2012.
Hansen said that despite this, the automotive industry still represents the largest market for the battery and lead industries.
Doe Run is also a leader in the recycling of lead. Each year, the company recycles 13.5 million tons of lead-acid batteries to produce raw materials for the production of new batteries. Doe Run has the most advanced production equipment in the world, and each year, the recycled lead recovered to nearly 160,000 tons. The US battery industry is actually a closed loop.
Hansen said: "With the continuous development of new technologies in the world, and China's increased consumption means that the lead industry will continue its development momentum. More stringent environmental regulations may affect supply, and the global lead industry must take countermeasures."