SMM Lead Ingot Social Inventory Rises Again Amid Weak Consumption and Increased Warehouse Transfers

[SMM Lead Ingot Social Inventory: Weak Consumption and Increased Transfers to Delivery Warehouses Lead to Another Rise in Social Inventory]

Today marks the delivery date for the SHFE lead 2502 contract. Suppliers transferred inventory to delivery warehouses, and lead ingots continued to arrive at social warehouses over the weekend, resulting in a sustained increase in inventory. Recently, although downstream enterprises have mostly resumed operations, their demand for lead ingot procurement has been lackluster...