GLOBAL ZINC & LEAD WRAP: Southeast Asian lead premium notches five-month high; contractual tonnage heads to China

摘要

Global zinc premiums were flat in the week to Tuesday August 4 amid an influx of tonnage into Asia spurred by a flurry of contractual demand, while European markets continued to prepare for summer maintenance closures. And while the US lead market was broadly static, Southeast Asian lead premiums climbed for the first time in five months. - Bullion and pure lead demand improves in Asia - European availability remains high - US contractual demand remains solid, but spot market falters