Anhui secondary refined lead output misses expectation-Shanghai Metals Market

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Anhui secondary refined lead output misses expectation

Data Analysis 06:20:09PM Jul 16, 2018 Source:SMM

SHANGHAI, Jul 16 (SMM) – Secondary refined lead supply in Anhui province fell short of earlier expectations due to the unexpected maintenance work at one large-scale smelter, SMM learned.

Average daily output of secondary refined lead across the province stood at 600 mt as of Monday July 16, compared to an expected 1,200-1,300 mt after the environmental probes ended.

A large smelter in the Jieshou area suspended production from Thursday July 12 to undertake maintenance for about half a month. Output at another large smelter in Jieshou was also limited by maintenance of its production line.

Recovered production at some secondary refined lead smelters in Taihe was also unstable given the supply shortage of secondary lead materials.

 

Price

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#1 Lead
Apr.19
16550.0
50.0
(0.30%)
T/C for domestic lead concentrate
Apr.01
1850.0
0.0
(0.00%)
T/C for imported lead concentrate
Apr.01
27.5
0.0
(0.00%)
#2 Lead
Apr.19
16500.0
50.0
(0.30%)
Secondary Lead
Apr.19
16100.0
50.0
(0.31%)

Anhui secondary refined lead output misses expectation

Data Analysis 06:20:09PM Jul 16, 2018 Source:SMM

SHANGHAI, Jul 16 (SMM) – Secondary refined lead supply in Anhui province fell short of earlier expectations due to the unexpected maintenance work at one large-scale smelter, SMM learned.

Average daily output of secondary refined lead across the province stood at 600 mt as of Monday July 16, compared to an expected 1,200-1,300 mt after the environmental probes ended.

A large smelter in the Jieshou area suspended production from Thursday July 12 to undertake maintenance for about half a month. Output at another large smelter in Jieshou was also limited by maintenance of its production line.

Recovered production at some secondary refined lead smelters in Taihe was also unstable given the supply shortage of secondary lead materials.