Monthly Lead Market Report Feb 2022
2022-03-12 20:32:12 【Print】
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The mainstream prices of primary lead ingot went up with fluctuation this month, and the market saw decreased deals on the basis of slack season and watchful attitudes of consumers under the increased prices. The market saw decreased supply in Henan for the Winter Olympics Games.
In February, the supply of domestic lead concentrate remained tight although producers in south China began to restarted production at the mid of this month as holiday came to an end. And the market saw scarce deals under the tight supply and firm TCs of domestic lead concentrate. But TCs of imported lead concentrate went up further under the increased supply and wait and see attitudes of domestic smelters, leading to the increased deals of imported lead concentrate in spot market.
Prices of secondary lead ingot went down with fluctuation this month under the slack season and watchful attitudes of consumers. But the spot market saw increased deals in a whole in February under the expanded prices gap between primary and secondary lead ingot.
In February, the supply of domestic lead concentrate remained tight although producers in south China began to restarted production at the mid of this month as holiday came to an end. And the market saw scarce deals under the tight supply and firm TCs of domestic lead concentrate. But TCs of imported lead concentrate went up further under the increased supply and wait and see attitudes of domestic smelters, leading to the increased deals of imported lead concentrate in spot market.
Prices of secondary lead ingot went down with fluctuation this month under the slack season and watchful attitudes of consumers. But the spot market saw increased deals in a whole in February under the expanded prices gap between primary and secondary lead ingot.
