Key data from June 30 pricing session.
Lead MB Battery grade free market premium in warehouse (€ per tonne)
| Today |
Previous |
Change to midpoint of range |
Midpoint % change |
| 85-135 |
85-135 |
0 |
0 |
Rotterdam, Lead average premium, 99.97% purity, in warehouse ($ per tonne)
| Today |
Previous |
Change to midpoint of range |
Midpoint % change |
| 25 |
25 |
0 |
0 |
Key drivers
-Lack of spot demand for lead.
-Consumers are covered for the summer.
Key quotes
“There’s no interest in Europe at all. People just aren’t buying anything – there’s so much material around.”
-Trader
“There’s nothing around to push lead either way. Traded volumes are small because nobody needs to stock up ahead of September or so.”
-Trader
James Heywood
jheywood@metalbulletin.com
Twitter: @jamesheywood_MB