China Reports High Imports of Lead Concentrate in December, SMM Says

Published: Feb 4, 2016 09:16

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Inbound shipments of lead concentrate were high in December 2015, up 11.06% on a yearly basis.

SHANGHAI, Feb. 4 (SMM) – Inbound shipments of lead concentrate were high in December 2015, up 11.06% on a yearly basis.

According to China Customs, China imported 189,000 tonne of lead concentrate in December 2015, up 11.06% YoY.

“High imports during the last month of December were due mainly to stock-piling for winter production and price advantages of imported ore,” SMM lead analyst explains.

The imports in December, however, were down 23.27% MoM, and this was mainly because of high import base in November.

Imports of lead concentrate totaled 1.899 million mt in China from January to December 2015, up 4.83% YoY, according to China Customs.

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