Weekly Brief Review of the Lead Concentrates Market (January 11, 2025 - January 17, 2025) [SMM Lead Concentrates Weekly Review]

Published: Jan 17, 2025 16:52

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[SMM Weekly Review: Weekly Brief on Lead Concentrate Market] In January, transactions in the lead concentrate market continued to decline. This week, pb50TC quotes and imported lead concentrate pb60TC quotes remained flat overall. Due to the lack of expected arrivals of imported ore, coupled with issues such as trade settlements in the Russian region, multiple smelters indicated that the supply of lead concentrates is expected to remain tight in 2025, with no post-holiday increase anticipated. Additionally, regarding the silver pricing coefficient, the recent strength in precious metal prices has not impacted the silver pricing coefficient for lead concentrates, and no adjustments are expected across the various silver pricing coefficient ranges.

In January, transactions in the lead concentrates market continued to decline. As the Chinese New Year holiday approached, some mines finalized February pb50TC quotes at the same level as January and completed pre-sales by signing February contracts in advance. This week, pb50TC quotes and imported lead concentrates pb60TC quotes remained stable overall. Due to the lack of expected arrivals of imported ore, coupled with trade settlement issues in the Russian region, multiple smelters indicated that the supply of lead concentrates in 2025 is still expected to remain tight, with no post-holiday increase anticipated. Additionally, regarding the silver pricing coefficient, the recent strengthening of precious metal prices has not impacted the silver pricing coefficient for lead concentrates, and no adjustments are expected across various silver pricing coefficient ranges.

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