Lead concentrate TCs remain flat in tight market

SHANGHAI, Feb 1 (SMM) – A tight market saw treatment charges (TCs) for lead concentrate remain flat on the week ended Friday February 1, the last week prior to CNY. 

This week, transactions cooled as traders and downstream consumers began their CNY breaks. 

As of Friday February 1, TCs for lead concentrate (Pb 50%) were heard at 1,800-2,000 yuan/mt in Henan province, at 1,600-1,800 yuan/mt in Hunan and Yunnan provinces, at 1,900-2,100 yuan/mt in Inner Mongolia, and at 1,600-1,700 yuan/mt in Guangxi province. 

Charges, in lead metal content, all changed little on the week.