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Recent Market Trend of Lead Battery Scrap2017#10 Market price ke

2017.10.20 18:21

photoAmid strong demand from domestic and overseas industries, lead battery scrap market in Japan has kept advancing momentum. While domestic lead smelters show active buying mind, export for Korea has returned to up trend performing 9,018 tons in September(Korea import statics), for which domestic lead smelters get into a fuss.

 

A source of domestic lead smelters said sighing

 

“ It is not understandable amid revision of Basel Act in June this year which makes hurdles for new lead export application for Korea extremely higher and despite practically whether one case or not after June, export has kept high levels.”

 

Amid domestic market price of lead battery scrap standing at around JPY122 per kg (automotive lead battery), it is said some transactions took high of JPY125. Previously higher prices for domestic smelters and lower for export but lately it seems that exporters have caught up domestic advancing price.

 

 

グラフ

 

 

グラフ

 

 

New export application for Korea, whether one case or not till October

As mentioned in the previous article, conditions for new lead battery scrap export require Korean lead smelters who are supplied with Japanese lead battery scrap to comply with equivalent environment standards (drainage, air) of Japan. Export will be permitted when Korean smelters operate in compliance with Japan equivalent environment standard for which actually a competent officer of the Ministry of Environment visited secondary lead smelters in Korea this year but just a few facilities accepted his (the officer) visit, it is said.

 

Because export application in 2017 took a budget of over 400,000 tons in total for about 100 companies, it is expected that export for Korea will keep high level in this year and since there are many exporters who got remarkable budget in a big hurry in April or May this year, ” It is highly expectable that high export level of 8,000 – 10,000 tons monthly will continue until next spring.”, a source of lead smelter circle said.

 

 

(IRUNIVERSE S. Aoyama)

 

 

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