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Lead social stocks rose significantly amid import arrivals
May 29,2020 17:33CST
data analysis
Social inventories of lead ingots in China expanded significantly this week, mostly driven by arrivals of seaborne lead. SMM data showed that lead social stocks across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin rose more than 2,000 mt in the week ended May 29 to 11,600 mt, after a build of over 100 mt in the previous week.
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Inventory data

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