SMM Lead Morning Meeting: Lead Futures Rebound, Strong Price Support Amidst Production Stability and Smog Warnings

Publicado: Nov 20, 2024 08:55
[SMM Lead Morning Meeting Summary: Overnight Lead Futures Slightly Rebounded, Strong Bottom Support for Lead Prices] Macro side, the bullish impact of the strong US dollar index has come to an end, and this week saw a fall back from highs. Base metals generally rebounded, with LME lead ending its consecutive decline and moving upward. On the fundamentals, primary lead smelters maintained stable production in November, but smog warnings reappeared in regions such as Henan and Anhui. However, smelters have not yet announced any production changes, and environmental protection measures in autumn and winter continue to disrupt refined lead supply...

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[SMM Lead Morning Meeting Summary: Overnight Lead Futures Slightly Reb - Shanghai Metals Market (SMM)