The lead market (4.15-4.22) fluctuated upward this week. The average price of the domestic market was 15375 yuan / ton last weekend and 15655 yuan / ton this weekend, up 1.82% 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 16th week of 2022 (4.18-4.22), there are 11 kinds of commodities rising month on month in the non-ferrous sector, and the top three commodities are dysprosium ferroalloy (2.77%), dysprosium oxide (2.57%) and nickel (2.54%). A total of 9 commodities fell month on month, and the top 3 products were magnesium (- 3.98%), silver (- 3.89%) and electrolytic manganese (- 2.22%). Both rose or fell by 0.07% this week.

Lead futures market on April 22, 2022

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

Shanghai lead, 15695 yuan / ton+ 205., 86286 tons

London lead, USD 2387 / T- 61., 39725 tons

In terms of futures market, the trend of Lun lead shock this week, with the main shock range of US $2390-2488 / ton. After the market recovered on Tuesday, it fell for two consecutive days. This week, the main contract of Shanghai lead changed months, and the overall trend fluctuated upward, with a weekly rise of 1.85%, which was mainly boosted by national policies. Shanghai lead was mainly boosted by the overall environment. The domestic inventory fell significantly during the week, which boosted the lead price again.

The futures trend is divided, with domestic strength and LME weakness. The spot market mainly follows the trend of Shanghai lead, and this week is also a shock upward trend. With the gradual recovery of domestic transportation, the market mentality was boosted. However, as the market entered the off-season in April, the demand for storage batteries began to decline, and the burden of enterprises was reduced more. The downstream storage battery enterprises mainly purchased on demand. Affected by this, the overall domestic market trading was light and the overall transaction was weak.

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.