SMM Weekly Review: Lead Concentrate Market Declines, Supply Tightness Expected to Continue in 2025

Published: Jan 17, 2025 16:52

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[SMM Weekly Review: Weekly Brief on Lead Concentrate Market] In January, transactions in the lead concentrate market continued to decline. This week, pb50TC quotes and imported lead concentrate pb60TC quotes remained flat overall. Due to the lack of expected arrivals of imported ore combined with trade settlement issues in the Russian region, multiple smelters indicated that the supply of lead concentrates is expected to remain tight in 2025, with no post-holiday increase anticipated. Additionally, regarding the silver pricing coefficient, the recent strength in precious metal prices has not impacted the silver content pricing coefficient for lead concentrates, and no adjustments are expected across various silver pricing coefficient ranges.

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