







The domestic supply of lead concentrates remains tight, with scarce forward quotes for spot orders of imported ore. Smelters have shown low purchasing interest in imported high-silver lead ore with Pb60TC quoted at below -$30/dmt. It is expected that lead concentrates arriving at ports in the future will still be dominated by long-term orders. Some smelters in regions such as Hunan and Inner Mongolia in China have mentioned that there may be a downward adjustment in the price negotiations for lead concentrates by the end of May. This week, there has been no significant change in the domestic TCs for lead concentrates.
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