SUBSCRIBER NOTE: Platts launches US NE lead-acid batteries price assessment

Effective August 4, 2015, Platts has added a new weekly price assessment for scrap used lead-acid batteries reflecting market activity in the US Northeast.

The new assessment is for used 50% lead-acid, starter lighter ignition automotive batteries, picked up US Northeast. The Northeast region for price normalization will include New York, New Jersey, Pennsylvania, Delaware, Maryland, Connecticut, Massachusetts, Vermont, New Hampshire, Rhode Island and Maine.

The specification is for a minimum quantity of one truckload (42,000-44,000 lb), normalized to a typical order size one to five truckloads, packaged in shrink-wrapped pallets or skids, pallet size 40" or 44" by 48", maximum 3,600 lb per skid, no more than three battery layers separated by cardboard sheets; assessed in a cents/lb range reflecting the majority of business, normalized to a picked-up US Northeast basis, delivery within 30 days, net-30-day payment terms.