Telah Terbit: Jun 12, 2024 09:01
SMM Morning Meeting Summary of Lead: Cost Rise VS Import Expectations - Will the Strong Lead Price Loose or Not? Hamas said that it accepted the Security Council’s Gaza ceasefire resolution and was ready to negotiate the details. The US Secretary of State called it a "hopeful" sign and said that the Israeli Prime Minister reiterated his commitment to the Gaza ceasefire proposal. In terms of fundamentals, this week is the last week before the delivery of the Shanghai Lead 2406 contract. The expected increase in the transfer of lead ingots and the warehouse delivery may exacerbate the accumulation of social inventory of lead ingots. At the same time, the production of lead ingot-recycled lead smelters has resumed.

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SMM Morning Meeting Summary of Lead: Cost Rise VS Import Expectations - Shanghai Metals Market (SMM)