SHANGHAI, Aug. 8 (SMM) - Last week, finished goods inventories at primary lead smelters were low, and those at social warehouses kept falling on a weekly basis.
Tight Supply Refrains Transaction in China Lead Market, SMM Reports
Yunnan Chihong Zinc & Germanium resumed production to normal level, and Henan Yuguang Gold & Lead will end unit maintenance on August 5. Tin smelters in Yunnan, which also produce lead, restarted operation last week after closing down in the week ending July 28. Other primary lead smelters reported normal production.
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Secondary lead smelters in Anhui, including Huabo Renewable Resources Technology, Huaxin Lead Industry Group, Taihe Great China Metal Materials and Huanyu Lead Industry Group, still halved output due to high temperature and insufficient crude lead supply. Small secondary lead smelters in Henan, Shandong and Shanxi shut down due to environmental checks, and output resumption date was unclear yet. Many small secondary lead smelters in Jiangxi also halted output with nearing of environmental protection inspections.
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