Environmental probes weigh on lead social inventories in Shanghai, Guangdong

Lead social inventories across Shanghai and Guangdong as of Friday May 18 shrank 1,000 mt from last Friday and stood at 11,400 mt, as environmental inspections took a toll.4

It remains unclear when secondary lead plants in Jiangxi province will resume operation, as environmental inspection teams from the central authorities will conduct checks on rectification efforts at such plants.

As a result of the uncertainty around production resumption, downstream consumers turned to primary lead.