The domestic supply of lead concentrates remains tight, with scarce forward quotes for spot orders of imported ore. Smelters have shown low purchasing interest in imported high-silver lead ore with Pb60TC quoted at below -$30/dmt. It is expected that lead concentrates arriving at ports in the future will still be dominated by long-term orders. Some smelters in regions such as Hunan and Inner Mongolia in China have mentioned that there may be a downward adjustment in the price negotiations for lead concentrates by the end of May. This week, there has been no significant change in the domestic TCs for lead concentrates.
Weekly Review of Lead Concentrates Market (May 10, 2025 - May 16, 2025) [SMM Weekly Review of Lead Concentrates]
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.
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