Supply of Lead Concentrate to Grow in North China, SMM Predicts

SHANGHAI, Apr. 15 (SMM) – Supply of lead concentrate is expected to grow gradually in north China as the weather turns warm, Shanghai Metals Market foresees.  

“Ore output at mines in Inner Mongolia has began increasing the weather getting warm, easing local ore supply shortfalls,” SMM lead analyst says. 

Last week, TCs for domestic 50% lead concentrate stabilized at 2,500-2,800 yuan per tonne (Pb content). 

SMM expects TCs for domestic concentrate to hold stable for the foreseeable future. 

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