SMM Lead Ingot Inventory Surge Ahead of SHFE Delivery, Eyes on Northern Pollution Alert Lift

[SMM Lead Ingot Social Inventory: Lead Ingot Transfer to Delivery Warehouse Boosts Social Inventory, Focus on Lifting of Northern Pollution Alert]

This week is the week prior to the delivery of the SHFE lead 2503 contract. Delivery brands were transferred to delivery warehouses, leading to another increase in lead ingot social inventory. Recently, lead prices have fluctuated upward, especially with SHFE lead approaching the 17,500 yuan/mt level, while spot market transactions were weaker than futures...