Lead Market Dynamics: Rising Supply & Demand Spurs Volatile Price Fluctuations Amid Strong Economic Indicators

게시됨: Oct 21, 2024 09:00
【Summary of SMM Lead Morning Meeting: Both Supply and Demand of Lead Ingots Increase, Leading to a Relatively Strong Fluctuation in Lead Prices】China's GDP for the third quarter reached 4.6%, with retail sales of consumer goods in September accelerating by 3.2% year-on-year, and industrial value-added growth above designated size reaching 5.4%. On the fundamentals side, after the delivery of the SHFE lead 2410 contract last week, the visible inventory of lead ingots increased as expected, and social inventory rose to a new high in nearly five months. Meanwhile, lead consumption has recovered in phases, paving the way for subsequent de-stocking of lead ingots...

데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.

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【Summary of SMM Lead Morning Meeting: Both Supply and Demand of Lead I - Shanghai Metals Market (SMM)