Collections of Stories in Base Metal Market at SMM 2017 Lead&Zinc Summit

The power rationing in Yunnan, Henan, and Hunan since July-August and the power rationing in Jiangxi and Guangxi in September are undoubtedly the current hot spots. According to a recent SMM survey, the power rationing in Jiangsu, Guangdong and other regions in China has continued. Since late September, the social inventory of lead ingots has declined due to the combined effects of losses, power rationing and environmental protection.

LME lead will fluctuate at highs between USD 2,460-2,490/mt today.

China’s output of 10 nonferrous metals declined 2.2% to 4.42 million tonnes in August, according to the National Bureau of Statistics (NBS).

After SHFE zinc prices rose, traders mostly took a wait-and-see attitude in the spot market, SMM reported.

Motive battery supply is tight in China's market and will ease in mid and late June.

According to Huludao Zinc Industry Co.’s earnings report in 2016, its profit was 134 million yuan, up 48.07% year-on-year.

India major brass and copper scrap prices showed a flat trend on Tuesday while copper futures prices

Average operating rate at surveyed 51 Chinese lead-acid battery producers was 62.12% in March, up 3.35 percentage points MoM but down 4.41 percentage points YoY.

India's major nickel scrap prices declined on the Scrap Register Price Index as on Monday, while nickel futures prices settled down by 1.12 percent to Rs. 637.10 per kilogram.

The Chinese copper scrap prices witnessed sharp downfall on ScrapMonster Price Index  as on Monday, March 27th.