Prices up, but Asian premiums lower despite Port Pirie outage While benchmark lead prices are being supported by the second significant unplanned disruption at Nyrstar’s Port Pirie smelter in Australia since June – this one a 12-week production outage – it is not lifting premiums, yet. Although it is reportedly spurring more enquiries for lead, Fastmarkets’ latest assessment of the lead 99.97% ingot premium, cif Southeast Asia was $60-75 per tonne on August 20, dropping from $75-85 per tonne on August 13. This suggests that the combination of the summer lull and higher prices are keeping buyers on...
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