At the SMM Lead Morning Meeting, it was concluded that the domestic re

Published: Jul 20, 2023 09:01

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At the SMM Lead Morning Meeting, it was concluded that the domestic reality will dominate the lead price, which is likely to be in a state of strong fluctuation. The probability of the Federal Reserve keeping the interest rate at 5.00%-5.25% in July is 0.8%, and the probability of increasing it by 25 basis points to 5.25%-5.50% is 99.2%. On the fundamental side, the third quarter domestic lead consumption has the traditional peak season expectation, becoming the main factor supporting the lead price. In addition, as the high temperature season has come, etc.

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