Lead inventory dips on fewer deliveries from smelters

Jun 15, 2018 18:18

Source:SMM

Lead inventory at Shanghai and Guangdong warehouses dipped 900 mt to 10,100 mt for the week ended Friday June 15

SHANGHAI, Jun 15 (SMM) – Lead inventory at Shanghai and Guangdong warehouses dipped 900 mt to 10,100 mt for the week ended Friday June 15, SMM found. This compared with a drop of 300 mt registered on Friday June 8.

Fewer deliveries from primary and secondary lead smelters in Henan and Jiangxi provinces on environmental inspection accounted for the decline. In addition, downstream buyers mostly purchased on demand amid bearish sentiment as lead prices tumbled during the week.

Inventory data

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Lead inventory dips on fewer deliveries from smelters

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit