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2009 August Pb Imports Data Analysis
SHANGHAI, Sep. 25 (SMM) --
Imports:
Lead Concentrates:
China's imports of lead concentrate were 144kt (physical content) during August, down 17% MoM, with the YTD imports of 1.03 million mt (physical content), up 21.43% YoY. Imports in August experienced declines on a monthly basis as a result of arrivals of previously ordered lead concentrate during June and July.
Refined Lead:
According to China Customs, China's imports of refined lead were 5,220mt during August, down 50% MoM. Imports were mainly from South Korea and Japan, and import levels were in line with market expectations and with the current unfavorable domestic/LME lead price ratio. YTD imports were 144kt, up 1032.19% YoY, while China's exports of refined lead were 1,401mt during August, with YTD exports of 13.5kt, down 57% YoY.
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