Home / Metal News / Zinc / [Pb TCs] TCs for Lead Concentrate Set for Rise in July
[Pb TCs] TCs for Lead Concentrate Set for Rise in July
Jun 26,2015 13:44CST
smm insight
Source:SMM
TCs for lead concentrate are set for a rise in July, SMM estimates based on its recent survey of smelters, mining companies and traders.

SHANGHAI, Jun. 26 (SMM) – TCs for lead concentrate are set for a rise in July, SMM estimates based on its recent survey of smelters, mining companies and traders.

TCs for Chinese lead concentrate (Pb 50%) may rise 50 yuan per tonne (Pb content) to 1,900-2,000 yuan per tonne (Pb content) and those for imported concentrate (Pb 60%, Ag < 1,000 g) are expected to climb $7.5 to $175-190 per dry metric tonne.

Concentrate shipments from the Red Dog Mine to China are expected to increase July-August. Moreover, traders that had increased imports when profits were large started selling imported materials smelters.

Meanwhile, Chinese smelters sitting on high inventories built earlier have become less willing to import concentrate. This growing supply and declining demand will allow smelters to ask for higher TCs for July.

This past week, mainstream TCs for domestic concentrate (Pb 50%) were 1,800-2,000 yuan per tonne (Pb content). TCs for imported concentrate (Pb 60%, Ag < 1,000 g) rose modestly to $175-185 per dry metric tonne, with some offers as high as $190 per dry metric tonne.
 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

lead concentrate TC
China lead concentrate

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news