Monthly Lead Market Report Nov 2021
2021-12-12 21:04:05 【Print】
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Prices of lead ingot went down with fluctuation under the increased supply of lead ingot as some smelters resumed production under the eased power rationing and company plans. The market witnessed increased deals in a whole as consumers purchased actively under the good consumption as the approaching of peak season.
In November, the supply of lead concentrate increased slightly in a whole in domestically. And the market saw increased deals as smelters, especially those based in North China, purchased actively to build stocks for winter, which led to the TCs of domestic lead concentrate decreased. At the same time, TCs of imported lead concentrate decreased slightly under the tight supply and increased consumption from domestic consumers.
Prices of secondary lead dropped with fluctuation in general following the prices of lead ingot. The supply of secondary lead in the market increased as some smelters in Shanxi and Inner Mongolia resumed production one by one under increased consumption for secondary lead ingot and the increased supply of recycled battery. The spot market saw increased deals in a whole this month.
In November, the supply of lead concentrate increased slightly in a whole in domestically. And the market saw increased deals as smelters, especially those based in North China, purchased actively to build stocks for winter, which led to the TCs of domestic lead concentrate decreased. At the same time, TCs of imported lead concentrate decreased slightly under the tight supply and increased consumption from domestic consumers.
Prices of secondary lead dropped with fluctuation in general following the prices of lead ingot. The supply of secondary lead in the market increased as some smelters in Shanxi and Inner Mongolia resumed production one by one under increased consumption for secondary lead ingot and the increased supply of recycled battery. The spot market saw increased deals in a whole this month.
