The lead market (2.25-3.4) rose first and then fell this week. The average price of the domestic market was 15430 yuan / ton last weekend and 15365 yuan / ton this weekend, down 0.42% 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 business community, there are 12 commodities in the non-ferrous sector that have increased month on month in the list of commodity prices in the 9th week of 2022 (2.28-3.4). The top three commodities are nickel (4.98%), metallic silicon (3.69%) and aluminum (3.27%). There are 5 kinds of commodities with a month on month decrease, and 2 kinds of commodities with a decrease of more than 5%, accounting for 8.7% of the monitored commodities in this sector; The products with the top three declines were electrolytic manganese (- 10.40%), magnesium (- 7.61%) and dysprosium ferroalloy (- 1.12%). The average rise and fall this week was 0.26%.

After the 25th, under the influence of Russia and Ukraine, the external metal rebounded sharply, and Lun lead was boosted by the main actors, which once rose to a high in recent March. The spot market rose first and then fell this week. Basically, the downstream battery industry is about to enter the traditional off-season in March. The overall market mentality is weak, and the output of battery enterprises is expected to decline. At present, the price advantage of recycled lead is obvious, and some demand turns to the recycled lead market, which once again affects the mentality of the primary lead market. At present, the social inventory is still on the high side, dragging down the market mentality, and the price is down near the weekend. Overall, the current lead inventory has an increasing trend, high inventory has dragged down the performance of the domestic market, and the performance of the spot market is weak.

In the future market, the business society believes that at present, the downstream has entered the traditional off-season, and the demand support is weak. In addition, the overall high lead ingot inventory affects the rising space of lead price. At present, the metal market is generally stronger under the influence of the international situation. The price of lead is difficult to have a large upper space due to the restriction of demand and high inventory. It is expected to be stable and strong.