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Antaike's output report on refined lead in April 2021

2021-05-21 15:19:07

Beijing, May. 18 (Antaike)--Antaike’s lead output statistic covers 34 primary lead companies and 41 secondary lead companies, concerning 3.49Mt of primary lead capacity and 4.39Mtpy of secondary lead capacity. They produced 1.512Mt of refined lead in Jan-Apr 2021, up 14.7% year on year, and April output was 391kt, rising 1.3% year on year but down 22kt month on month, of which primary lead output was 187kt, down 10.5% year on year and 19kt month on month, secondary lead output was 204kt, up 15.2% year on year but down 3kt month on month, accounting for 52.2% of the total refined lead output. Output in March was 413kt after correction, up 23.7% year on year.


Inventory at major primary lead smelters was 18kt in early May, falling 2.9kt compared with early April.


TC for homemade ore decreased to 1,650 yuan/t, down 150-400 yuan/t at different regions, and some even fell by over 500 yuan/t. Lead smelters’ inventory can last for 15-20 days.


In May, lead concentrate supply will still be tight in a short term, and production of smelters will be disturbed to some extent. Some smelters in north region plan to take maintenance, so primary lead supply is hard to increase. Secondary lead smelters in Anhui and Jiangxi will gradually resume production with the end of environmental protection regulation.


It is estimated May output will rise to 400kt.

                                           Antaike refined lead output


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