The price of scrap batteries should rise
2023-01-20
The price of scrap batteries depends mainly on the price of lead on metal exchanges. At the beginning of 2023, the price of lead continued to increase. The increase in the price of lead started at the end of October 2022. At that time, the price of lead was about $0.84/kg, and already on January 16, 2023, it reached $1.01 per 1 kilogram. With the increase in the price of lead, it can be expected that the price of scrap lead batteries can also increase by about 20%. In 2022, in March-April, the price of lead on metal exchanges was increased to $1,120 per ton, but after that it continued to decrease. Scrap battery prices have been rising in recent months due to a number of factors. One of the main factors is the increasing demand for scrap batteries as a source of recycled lead. In addition, the prices of new batteries
are also increasing, which has made scrap batteries more attractive to many buyers. Despite the price increase, many scrap battery dealers and recyclers are still willing to pay a high price for scrap batteries.This is due to the high demand for recycled lead and the fact that battery scrap is a valuable source of precious metals such as nickel, cadmium and lithium. According to the website scrapprice.com, the highest price for scrap lead batteries is found in Belarus, Turkey and Bulgaria. However, you should find out what percentage will be deducted from the purchase price and what taxes will be deducted.
In general, scrap battery prices are currently on the rise and are expected to continue to rise in the near future. This trend is likely to continue as long as demand for recycled lead and other metals remains high and the cost of new batteries continues to rise.
Another point that those who want to sell scrap batteries should be aware of is that when selling an old battery waste buyers do not need to remove the liquid from the battery