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2021 16th China Lead-Zinc Summit: LME lead to move between $2,050-2,300/mt in the second half of 2021
May 18,2021 10:05CST
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Source:SMM
Raw materials prices mostly rose as global inflation increased in this post-pandemic era. In China, supply of lead concentrate and scrap materials is tight, while lead ingot inventories continue to build up. LME lead is expected to move between $2,050-2,300/mt in the second half of 2021, while SHFE lead between 14,350-16,500 yuan/mt, said Xia Wenming, SMM senior analyst of the lead industry.
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