Publicado: May 16, 2024 08:54
[SMM Morning Meeting Summary for Lead: Downstream Companies Maintain Just-in-Time Procurement, Paying Attention to the Possibility of the Opening of the Import Window for Lead Ingots in the Near Future] Overnight, LME lead opened at US$2255/ton, boosted by the decline in LME lead inventory, and fluctuated upward in the Asian session; entering the European session, LME lead touched a high of US$2295.5/ton, due to a small rebound in the dollar, LME lead was under pressure and diving to probe low. If the import window for lead ingots opens, it will improve the tight domestic lead supply (mainly due to raw material issues). After the decline in raw material prices, lead prices may experience a small correction.

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[SMM Morning Meeting Summary for Lead: Downstream Companies Maintain J - Shanghai Metals Market (SMM)