Manchuria port sees lead concentrate imports for nearly 200,000t in 2016
2017-02-16 16:14:35 [Print]
According to Manchuria Customs, Manchuria port saw imported lead ores and concentrate for 216,000t in 2016, up by 10.1% YOY and the total value reached RMB1.71 billion, sharply up by 31.3% YOY.
Statistics show that 90% of the materials come from Russia and imports from the United States increased. In 2016, the clearance zone of Manchuria saw imports of Russia-origin lead concentrate for 197,000t, up by 5.7%, accounting for 90.6% in the total imports of the material in this region during the same period; imports from Mongolia reached 9036.7t, accounting for 4.2% while no imports occurred in 2015; other imports came from Peru and the United States, among which the US saw imports of 5430.7, an increase of 7.9%.
Manchuria customs pointed out that Russia currently has 9.2 million tons of proven reserves of lead, ranking the third in the world. In 2016, Russian economy moved down slowly after the turmoil in the previous years; the economic adaptability was enhanced with steadily upward exchange rate of Ruble after sharp fluctuation in early 2016. On Dec 20, 2016, the exchange rate of USD against Ruble reached 61.79; in the first three quarters of 2016, corporate departments saw an increase of 20.6%YOY in profit, providing favorable environment for lead concentrate exports in Russia.
Statistics show that 90% of the materials come from Russia and imports from the United States increased. In 2016, the clearance zone of Manchuria saw imports of Russia-origin lead concentrate for 197,000t, up by 5.7%, accounting for 90.6% in the total imports of the material in this region during the same period; imports from Mongolia reached 9036.7t, accounting for 4.2% while no imports occurred in 2015; other imports came from Peru and the United States, among which the US saw imports of 5430.7, an increase of 7.9%.
Manchuria customs pointed out that Russia currently has 9.2 million tons of proven reserves of lead, ranking the third in the world. In 2016, Russian economy moved down slowly after the turmoil in the previous years; the economic adaptability was enhanced with steadily upward exchange rate of Ruble after sharp fluctuation in early 2016. On Dec 20, 2016, the exchange rate of USD against Ruble reached 61.79; in the first three quarters of 2016, corporate departments saw an increase of 20.6%YOY in profit, providing favorable environment for lead concentrate exports in Russia.
Lead Conc. 60%min EXW China
Unit:RMB/mt Pb
China lead concentrate producers' sales volume statistics by province by month
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