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China Refined Lead Exports Hit 18-month High in January
Feb 28,2013 15:12
CSTdata analysis
Source:SMM
China’s refined lead exports were 528 mt in January, up 18.65% from December’s 445 mt and hitting the highest level since June 2011.
SHANGHAI, Feb. 28 (SMM) – China’s refined lead exports were 528 mt in January, up 18.65% from December’s 445 mt and hitting the highest level since June 2011.
According to China Customs, China’s lead ingot exports began accelerating since December 2012, as supply for lead ingot overseas tightened due to limited secondary lead availability in warmer winter, and as the Shanghai/LME lead prices ratio remained low.
Some 85% of refined lead exports were shipped to Taiwan (China), with the remaining sent to Italy, Belgium, and North Korea.
China refined lead exports
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