Telah Terbit: Jul 25, 2024 09:01
[SMM Morning Meeting Summary on Lead: Complex Domestic Supply Issues Result in Divergent Trends in Near and Long-term Lead Prices] Both Industrial and Commercial Bank of China (ICBC) and Agricultural Bank of China announced the comprehensive reduction of the one-to-five-year deposit interest rates in the early hours of the 25th. On the fundamental level, the domestic supply issues are complex, and the lead trading market is facing fierce competition between bulls and bears. On one hand, the expected resumption of production of recycled lead and imports have, to a certain extent, alleviated the tight supply of domestic lead ingots. On the other hand, the resumption of production of recycled lead has an impact on scrap materials...

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