Summary of SMM Lead Morning Meeting: Unchanging Strong Reality Logic,

Published: Jul 24, 2023 07:16

Save

Summary of SMM Lead Morning Meeting: Unchanging Strong Reality Logic, Lead Price Will Continue to Be in a Strong Fluctuating State. Macroscopically, this week will welcome the Super Week of July Interest Rate, and the number of unemployed in the US will strengthen the prospect of the Federal Reserve raising interest rates... On the fundamentals, the impact of the overhaul of primary lead enterprises has decreased, the profits of recycled lead have improved, the supply of refined lead is expected to increase on a month-on-month basis, and attention should be paid to the new monthly long orders of upstream and downstream enterprises after July 25th.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

SHFE lead edges down 0.03% with a long upper shadow, consolidation at highs remains intact [Lead Futures Brief Comment]

1 hour ago

3 hours ago

Data: SHFE, DCE market movement (Sep 02)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 02 Sep , 2026

3 hours ago

5 hours ago

September 2 Scrap Battery Market Transaction Summary [SMM Daily Review]

5 hours ago