SHANGHAI, Mar. 1 (SMM) --
According to China Customs, China's imports of lead concentrate were 108.2 kt in January, down 9.6% MoM, but up 8.91% YoY, and due mainly to the unfavorable domestic/LME lead price ratio. Lead imports were mainly from Peru, the US, and Kazakhstan and the three origins accounted for 55% of total imports, while lead concentrate from Australia fell on a monthly basis.
China Customs data shows that China's imports of refined lead were 1,556 mt, down 32% MoM and down 67.3% YoY. Since the domestic/LME lead price ratio has remained unfavorable for imports since October 2009, import levels over the past four months have been low, with Korea remaining the top supplier of refined lead.
China exported a total of 2,871 mt of refined lead in January, up 15.4% YoY, with goods mainly exported to Thailand, Korea, and Vietnam.
Copyright © SMM. All Rights Reserved
None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: email@example.com