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.
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.
TCs in Hunan also held unchanged because of tight concentrate supply, despite of stable production at lead smelters.
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