TCs of Lead-Silver Concentrate Were Lowered On Short Supply

TCs of lead concentrate last week remained at 900-1,200 yuan/mt. Although some mines slightly lowered TCs based on their output and ore grades, the quotations for the comprehensive TCs offered by lead smelters were very stable on a delivery to factory basis. The smelters in Henan and Inner Mongolia indicated that most of the dressing plants have resumed normal production after entering April, and the supply of lead concentrate in the market has increased.

But the ore rich in silver, copper and zinc remains in short supply. Due to strong silver prices, TCs of lead-silver concentrate were slightly lowered. The supply of pure lead concentrate is still relatively loose.