SHANGHAI, Jul. 10 (SMM) - LME lead will trade at $2,225-2,300 per tonne this week, and SHFE 1708 lead will fluctuate at 17,500-17,800 yuan per tonne.
Falling Profit Dampens Production Enthusiasm of Secondary Lead Smelters, SMM Says
Stable production at lead smelters will lead to ample refined lead supply, and downstream battery producers will resume raw material purchases with easing of financial condition.
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