Monthly Lead Market Report Jul 2021
2021-08-12 09:33:38 【Print】
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In July, prices of lead ingot went up with fluctuation as the supply of lead concentrate kept tight and the consumption of lead ingot entering peak season. The supply of lead ingot went down as the downstream consumption remained stable but some smelters under local electricity control. The market witnessed increased deals.
In July, some mines in North China reduced output under the 100thanniversary of Chinese Communist Party and resumed production after 6th July generally. At the same time, imported lead concentrate stayed limited as the government didn't announce the import quota.
Prices of secondary lead went up with fluctuation in general following the prices of lead ingot. The supply of secondary lead in the market increased significantly in some provinces as the environmental protection inspection team left. The spot market saw increased deals as consumer tended to purchase secondary lead ingot under the expanded prices gaps between primary lead ingot and secondary lead ingot.
In July, some mines in North China reduced output under the 100thanniversary of Chinese Communist Party and resumed production after 6th July generally. At the same time, imported lead concentrate stayed limited as the government didn't announce the import quota.
Prices of secondary lead went up with fluctuation in general following the prices of lead ingot. The supply of secondary lead in the market increased significantly in some provinces as the environmental protection inspection team left. The spot market saw increased deals as consumer tended to purchase secondary lead ingot under the expanded prices gaps between primary lead ingot and secondary lead ingot.
