As of April 7, 2023, the inventory of lead concentrate in Lianyungang was 9,000 mt. In March, the inventory of lead concentrate in Lianyungang remained stable at a low level of 10,000-20,000 mt, and then fell slightly below 10,000 mt.
In March, the SHFE/LME lead price ratio hovered at a low level, keeping the import window for lead concentrate closed.
The enthusiasm for importing lead concentrate in the trade market has been low, and it is expected that the port inventory of lead concentrate in April will remain at around 10,000 mt.
