Monthly Lead Market Report Oct 2021
2021-11-12 14:28:02 【Print】
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Prices of lead ingot went up with fluctuation under the decreased supply of lead ingot as some smelters suspended production under power rationing and company plans, especially for those in Henan. The market witnessed increased deals in a whole as consumers hold bullish attitudes to the market outlook as the supply decreased.
In October, the supply of lead concentrate remained stable in a whole as the power rationing for mines eased. And the market saw increased deals as consumers planned to build stocks for winter. At the same time, TCs of imported lead concentrate increased slightly under the wait-and-see attitudes of domestic smelters to the market outlook.
Prices of secondary lead climbed with fluctuation in general following the prices of lead ingot. The supply of secondary lead in the market decreased as smelters in Jiangxi and Anhui, Henan suspended production under the power rationing and environmental protect inspection. The spot market saw increased deals under the bullish attitudes of consumers to the market outlook and increased prices of raw material and freight.
In October, the supply of lead concentrate remained stable in a whole as the power rationing for mines eased. And the market saw increased deals as consumers planned to build stocks for winter. At the same time, TCs of imported lead concentrate increased slightly under the wait-and-see attitudes of domestic smelters to the market outlook.
Prices of secondary lead climbed with fluctuation in general following the prices of lead ingot. The supply of secondary lead in the market decreased as smelters in Jiangxi and Anhui, Henan suspended production under the power rationing and environmental protect inspection. The spot market saw increased deals under the bullish attitudes of consumers to the market outlook and increased prices of raw material and freight.
