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.
Please sign in to continue reading the full article for free
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.