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MYMETAL: China lead prices rise on bullish sentiment

China’s domestic lead prices have strengthened after the country’s return to work following the end of the Chinese New Year (CNY) holiday on February 17, according to the latest survey from Mymetal, Mysteel’s nonferrous metals data collection arm. Respondents cited the generally bullish sentiment prevailing in the macro-financial market for the metal’s rise.
As of February 22, the national average price of primary refined lead ingot (at least 99.994%) as assessed by Mymetal had climbed to Yuan 15,796/tonne ($2,446/t) including the 13% VAT – a new high since early last September. This was also higher by Yuan 673/tonne from the price on February 10, the last working


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