SMM Survey: Lead Ingot Inventories Surge to One-Month Peak; Eyes on Smelter & Downstream Output Trends

[SMM Survey: Lead Ingot Inventories in Social Warehouses Jump to a One-Month High, Follow-up Focus on Smelter and Downstream Production Trends]

According to the survey, last week, the SHFE lead 2408 contract coincided with delivery, and holders delivered their goods to warehouses and transferred inventories, leading to a significant accumulation of lead ingots in warehouses. Recently, primary lead smelting enterprises have maintained relatively stable production, with smelters in southern China actively shipping out products, and spot quotes for SMM1# lead averaged...