SHANGHAI, Jun. 19 (SMM) - TCs for lead concentrate will edge up as Primary lead smelters will hold output cut or halt before late June, SMM forecasts.
Lead Price to Stay Firm This Week, SMM Reports
Last week, TCs for Chinese 50% lead concentrate were flat at 1,600-1,800 yuan per tonne (Pb content) on a weekly basis. Offers of imported concentrate (Pb 60%, Ag < 1,000g) were mainly at $40 per dry metric tonne (DMT). Some primary lead smelters in Henan and Guangxi remained offline due to maintenance and reported low domestic lead concentrate demand.
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