Non ferrous metals industry market report: excellent supply shortage of lead and zinc will continue
Since the release of an export ban on unprocessed metal ores, the free port has said it is still restricted by the Indonesian government, although it has been approved by the Indonesian government. At the same time, the world's largest copper miner BHP Billiton Escondida failed because of labor negotiations have been shut down. Copper prices are currently affected by the supply side rose. In the past, the strike of the Escondida copper mine in Chile is usually about a week. We believe that in fact the supply side current blocking does not have a decisive impact on the relationship between supply and demand, but the short-term superimposed on the market demand for the expected to pick up, is expected to rise to maintain the current pattern of tongji.
Cobalt metal prices continue to rise, given the three yuan battery has become an inevitable trend, the focus of attention. Good fundamentals of lead and zinc, supply shortages will continue.
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opyright: Chongqing JianTao Aluminum Co,Ltd. address: Chongqing District, Lee Industrial Zone, Tel: 023-72180666 record number: Yu ICP, No. 16014128