According to Fastmarkets, Chinese lead smelters are carefully weighing their options when it comes to purchasing concentrate due to the recent silver price volatility. China, one of the world’s leading consumers of concentrated lead, has benefited in recent times from favorable pricing conditions for this crucial ingredient in their smelting process. However, the rather sudden and unpredictable shifts in silver pricing, given the two metals often being found together, are causing a re-evaluation of procurement strategies. Slower purchasing could lead to an overall decrease in global demand for lead concentrates meanwhile unpredictable silver prices could have profound implications on various industries, especially the tech and jewellery sectors, due to its widespread use. Read More
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