According to SMM June 5 news
According to SMM research, some refineries began centralized maintenance in June, and some of them began to overhaul the electrolytic production line after the crude lead production line was overhauled, further reducing the strong supply of electrolysis in the market, or providing strong support for the lead price in June. However, the elasticity of lead prices depends more on downstream consumption. According to SMM, some large storage enterprises began to reduce production in June, making the expectations of half-year reports falsified in the middle of the year. In June, lead prices are expected to continue the pattern of box concussion. The specific maintenance data of the primary lead smelter are as follows:
The above is the current survey data, the follow-up research progress will be further updated, due to the simultaneous maintenance of refineries in June, we expect that the electrolytic lead production in June will be about 20,000 tons less than that in May.
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