Scrap Battery prices today, Russia

The price of scrap batteries should rise

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.