Monthly Lead Market Report Jul 2023
2023-08-14 08:04:07 【Print】
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1 Market Highlights
In July, most producers of primary lead ingot increased or resumed the production of lead ingot as prices increased and demand recovered. The prices of lead ingot showed uptrend in the first three weeks driven by positive attitudes from most market participants and the recovered demand, but dropped in the last week as most consumers held back from purchasing due to high prices.
In July, the supply of domestic lead concentrate kept tight as the volume of imported lead concentrates decreased, most suppliers insisted on TCs. Though most importers placed orders rarely, most overseas suppliers kept low TCs for imported lead concentrate driven by tight supply, TCs for imported lead concentrate remained stable.
In July, the prices of recycled battery moved up. The market saw limited supply as most secondary lead ingot producers, who held high operating rates, purchased actively.
In July, most producers of primary lead ingot increased or resumed the production of lead ingot as prices increased and demand recovered. The prices of lead ingot showed uptrend in the first three weeks driven by positive attitudes from most market participants and the recovered demand, but dropped in the last week as most consumers held back from purchasing due to high prices.
In July, the supply of domestic lead concentrate kept tight as the volume of imported lead concentrates decreased, most suppliers insisted on TCs. Though most importers placed orders rarely, most overseas suppliers kept low TCs for imported lead concentrate driven by tight supply, TCs for imported lead concentrate remained stable.
In July, the prices of recycled battery moved up. The market saw limited supply as most secondary lead ingot producers, who held high operating rates, purchased actively.
