SMM Lead Morning Meeting Highlights: Rising Inventory Pressure, Macro Weakness, and Production Curbs Amid Winter Heating
게시됨: Nov 4, 2024 08:02
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**[SMM Lead Morning Meeting Minutes: Increasing Pressure on Lead Ingot Inventory Accumulation; Beware of Lead Prices Pulling Back from Highs]** ... On the macro front, the US added just 12,000 non-farm jobs in October, marking the smallest increase since December 2020... In terms of spot fundamentals, as winter heating begins in the north, regions such as Henan, Hebei, and Anhui have successively issued air pollution warnings, leading to restrictions on vehicle use in relevant areas and reductions or suspensions in production at lead smelting enterprises...
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