SHANGHAI, Jun. 23 (SMM) – TCs for Chinese 50% lead concentrate were flat at 1,600-1,800 yuan per tonne (Pb content) this past week on a weekly basis.
Offers of imported concentrate (Pb 60%, Ag < 1,000g) were mainly at $50 per dry metric tonne (DMT), up by $5 per dry metric tonne week-on-week.
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Lead smelters in Henan and Yunnan remained offline, and Henan Yuguang Gold & Lead undertook maintenance. As such, TCs in Henan staged small changes this past week.
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TCs in Hunan also held unchanged because of tight concentrate supply, despite of stable production at lead smelters.
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