Monthly Lead Market Report May 2023
2023-06-08 08:23:02 【Print】
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1 Market Highlights
In May, most producers of primary lead ingot increased the production and the supply of lead ingot climbed. As most downstream clients purchased from hand to mouth, the prices of lead ingot decreased this month.
In May, the supply of domestic lead concentrate kept tight due to active purchases from downstream clients, leading to the prices of TCs for lead concentrate decreased; the supply of imported lead concentrate remained limited. Due to most domestic smelters purchased actively caused by increasing in operation rates, the mainstream TCs for imported lead concentrate also edged down. Even though, the prices of domestic lead concentrate and imported lead concentrate went down.
In May, the prices of recycled battery moved up despite that of secondary lead ingot went down. The market saw limited supply as most secondary lead ingot producers increased operation rates. Most downstream clients had strong willingness to replenish stocks in order to deliver, exacerbating the tight supply of recycled battery.
In May, most producers of primary lead ingot increased the production and the supply of lead ingot climbed. As most downstream clients purchased from hand to mouth, the prices of lead ingot decreased this month.
In May, the supply of domestic lead concentrate kept tight due to active purchases from downstream clients, leading to the prices of TCs for lead concentrate decreased; the supply of imported lead concentrate remained limited. Due to most domestic smelters purchased actively caused by increasing in operation rates, the mainstream TCs for imported lead concentrate also edged down. Even though, the prices of domestic lead concentrate and imported lead concentrate went down.
In May, the prices of recycled battery moved up despite that of secondary lead ingot went down. The market saw limited supply as most secondary lead ingot producers increased operation rates. Most downstream clients had strong willingness to replenish stocks in order to deliver, exacerbating the tight supply of recycled battery.
