This week, the lead market (11.26-12.3) fluctuated downward. The average price of the domestic market was 15256 yuan / ton last weekend and 15168.75 yuan / ton this weekend, down 0.57% this week.

The commodity price K-bar chart 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, sell and invest 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. As shown in the figure above, the price of lead was weak and volatile in November.

On the whole, most electrolytic lead manufacturers at the supply side have resumed production, and the start-up of recycled lead enterprises has decreased slightly due to environmental protection factors recently. The downstream storage enterprises at the demand side started relatively stably, and their procurement enthusiasm was acceptable. There was no significant change compared with the previous period, and they still focused on maintaining rigid demand procurement. Under the weak balance of supply and demand, the price of lead may follow the trend of futures and fluctuate weakly.

According to the price monitoring of the business society, there are 9 commodities in the list of commodity prices rising and falling in the 48th week of 2021 (11.29-12.3). The top 3 commodities are magnesium (3.64%), metal praseodymium (2.68%) and cobalt (2.02%). A total of 10 commodities decreased month on month, and 1 commodity decreased by more than 5%, accounting for 4.5% of the monitored commodities in this sector; The products with the top three declines were silicon (- 11.45%), silver (- 3.84%) and copper (- 1.24%). The average rise and fall this week was – 0.32%.

The demand brought by the sprint of storage enterprises for the annual task basically offset the output growth brought by the resumption of production manufacturers. There are many negative factors in the recent fundamentals. Under the weak balance between supply and demand, the price of lead or the trend of futures is weak and volatile.