TCs for Domestic Lead Concentrate to Inch Up amid Supply Increase, SMM Forecasts

Published: Jun 19, 2017 16:06

Save

TCs for lead concentrate will edge up as Primary lead smelters will hold output cut or halt before late June, SMM forecasts.

SHANGHAI, Jun. 19 (SMM) - TCs for lead concentrate will edge up as Primary lead smelters will hold output cut or halt before late June, SMM forecasts.

Lead Price to Stay Firm This Week, SMM Reports

Last week, TCs for Chinese 50% lead concentrate were flat at 1,600-1,800 yuan per tonne (Pb content) on a weekly basis. Offers of imported concentrate (Pb 60%, Ag < 1,000g) were mainly at $40 per dry metric tonne (DMT). Some primary lead smelters in Henan and Guangxi remained offline due to maintenance and reported low domestic lead concentrate demand.

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

SHFE lead LME lead lead prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

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

Related News

1 min ago

LME Lead Plunged Overnight and Closed Lower, SHFE Lead Consolidated at Lows [SMM Lead Morning Commentary]

1 min ago

2 mins ago

Spot Trades Were Mediocre, Lead Prices Were Under Pressure in the Short Term [SMM Lead Morning Meeting Summary]

2 mins ago

16 hours ago

Tianjin Sabo Recalls 100 E-Bikes Over Safety Concerns

[Lead-Acid Battery End-Use Market Update] Recently, in accordance with the requirements of the Interim Provisions on the Administration of Consumer Product Recalls, Tianjin Sabo Vehicle Co., Ltd. voluntarily submitted a recall plan to the Tianjin Municipal Administration for Market Regulation and will recall, effective immediately, 100 units of the Jiebao Da Wangpai model TDT200Z e-bikes manufactured during the period up to December 31, 2023.

16 hours ago