SHANGHAI, Mar 15 (SMM) – Both the supply and demand of the lead market are expected to increase in March. Regional supply tightness will continue to exist. Combined with the of-season for lead, lead prices should have support but lack impetus to rise.
SMM predicts that in the second half of March 2023, SHFE lead will move between 15,000-15,400 yuan/mt, and the spot prices will stand at 14,900-15,300/mt.
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