SMM Lead Morning Meeting: Tariffs, Interest Rate Cuts Drive Short-Term Price Volatility

[SMM Lead Morning Meeting Summary: Tariffs, Interest Rate Cuts, and Replacement Policies in Play, Lead Prices to Fluctuate Upward in the Short Term]

Due to concerns that Trump's tariffs may hinder global economic growth, the market is betting on the US Fed cutting interest rates three times this year. The US Fed's "third-in-command" has started considering the impact of tariffs on prices. Recently, the inventory trends of lead ingots in domestic and overseas markets have diverged, while lead prices have been fluctuating upward. In March, with the Chinese New Year factor fading, the supply and demand of lead ingots are expected to increase simultaneously...