Domestic Lead Market: Smelters Cut Purchase Intentions as Processing Fees Rise Amid Inventory Build-up and Maintenance Plans

Published: Aug 26, 2024 09:00
In terms of the domestic raw material market, many smelters in Hunan said that factors such as the cumulative increase in lead ingot inventory, the intention of maintenance, and the decline in metal-rich profits have led to a decline in the intention to purchase crude lead towards the end of August. The processing fee for crude lead in this region has increased by 200-300 yuan/ton compared with early August. However, some lead mines with high metal content have only seen details adjustments such as the initial pricing for high metal content, and there has been no change or only a very small increase of about 50 yuan/ton in the price of lead concentrate pb50TC.

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In terms of the domestic raw material market, many smelters in Hunan s - Shanghai Metals Market (SMM)