Rising proportion of secondary lead in China makes futures listing ‘inevitable’

It is “inevitable” that secondary lead will be listed on the Shanghai Futures Exchange in the future given the material’s rapid growth in supply and increasing market share in China’s lead industry, Fastmarkets heard at the Consortium For Battery Innovation 2019 China Technical Workshop in Shanghai on Wednesday March 6.

The Chinese bourse last year conducted a study on the influence of this rising proportion of secondary material on China’s primary lead industry, Zhang Lin, assistant general secretary of the renewable metals branch of the China Nonferrous Metals Industry Association (CNIA) and director of renewable lead and zinc research division told delegates at the Workshop. “Output of secondary lead made up 43% of total lead production in 2018 [in China], and it is highly probably the proportion will exceed 45% in...

Published

Anna Xu

March 08, 2019

06:35 GMT

Shanghai