Telah Terbit: May 10, 2024 08:50
【SMM Morning Meeting Summary for Lead: Overnight Shanghai Lead Started High and Ended Low, Pressured at 18,000 Yuan per Ton, Downstream Companies Were Cautious About Accepting High Prices, Social Inventory Rose as Scheduled】 In the domestic spot market, the maintenance and recovery of primary lead smelting enterprises coexist, while due to the insufficient supply of waste materials, most recycled lead enterprises are in a state of production reduction, and the supply of lead ingots is limited. Recently, the fluctuation of lead prices was affected by supply and the enthusiasm of bulls was stronger than the decline in consumption. Shanghai futures lead refreshed its high since July 3, 2018, and the spot-futures price spread once expanded to more than 500 yuan per ton. The spot quotation...

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