High SHFE/LME ratio grows Nov imports of refined lead, lead concentrates-Shanghai Metals Market

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High SHFE/LME ratio grows Nov imports of refined lead, lead concentrates

Data Analysis 02:40:13PM Dec 26, 2018 Source:SMM

SHANGHAI, Dec 26 (SMM) – Amid an open import arbitrage window, China’s imports of refined lead and lead concentrates rose by 26% and 16%, respectively, from October in November, showed the latest data from China Customs.

In November, imports of refined lead stood at 27,221 mt in Pb content and imports of lead concentrates came in at 121,132 dmt.

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%)

High SHFE/LME ratio grows Nov imports of refined lead, lead concentrates

Data Analysis 02:40:13PM Dec 26, 2018 Source:SMM

SHANGHAI, Dec 26 (SMM) – Amid an open import arbitrage window, China’s imports of refined lead and lead concentrates rose by 26% and 16%, respectively, from October in November, showed the latest data from China Customs.

In November, imports of refined lead stood at 27,221 mt in Pb content and imports of lead concentrates came in at 121,132 dmt.