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TC for Imported Lead Concentrates Drops, Short Supply Supports Lead Price

Price Review & Forecast 04:54PM Oct 12, 2017 Source:SMM

SHANGHAI, Oct. 12 (SMM)-Last week, LME Lead price surged to the highest level since August 2011, exceeding $2,600 per tonne. According to SMM data, TC for imported lead concentrates dropped to less than $50 per dry tonne. The price ranged from $20 to $30 per dry tonne. During the first half of the year, the average price of TC is $40 per dry tonne, declining 285% compared with average price $154.17 per dry tonne in first half year of 2016.


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Key Words:  lead