[SMM analysis] lead in Shanghai is expected to continue to strengthen after consolidation in the peak consumption season.

Telah Terbit: Jul 21, 2020 16:31
[SMM: Shanghai lead back to the top of the five-year Plan consumption season is expected to continue to strengthen after consolidation] SMM believes that lead costs support lead prices to stop falling and stabilize, while macroeconomic recovery expectations and lead consumption expectations further drive lead prices up, lead battery consumption season in August is still expected, Shanghai lead shorting power is not strong, short-term is expected to continue to strengthen after consolidation.

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[SMM: Shanghai lead back to the top of the five-year Plan consumption - Shanghai Metals Market (SMM)