Lead Market Update: Chinese New Year Impact Looms, Ministry of Commerce Advances Service Sector Opening-Up

Publicado: Jan 16, 2025 09:00

[SMM Lead Morning Meeting Summary: Chinese New Year Atmosphere Emerging in the Lead Market, Supply and Demand Expected to Decline Further]

Chinese Ministry of Commerce: Steadily advancing the opening-up of the service sector, expanding pilot programs for opening up in areas such as telecommunications, healthcare, and education. Yesterday, the SHFE lead 2501 contract was delivered, and subsequent market transactions will primarily focus on enterprise activities in the Chinese market ahead of the Chinese New Year. With the start of the Spring Festival travel rush, the number of logistics vehicles in some regions has decreased...

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[SMM Lead Morning Meeting Summary: Chinese New Year Atmosphere Emergin - Shanghai Metals Market (SMM)