Published: Jul 28, 2023 08:48
Summary of SMM Lead Morning Meeting: Overnight Nonferrous Metals Generally Fell, Lead Stood Out Alone; Bull and Bear Forces Intertwined, Lead Price May Still Continue High-Level Volatility. Macroscopically, strong US data releases boosted the US Dollar Index, nonferrous metals were generally under pressure, and lead prices were slightly affected. In the near term, the circulation of spot market sources is not abundant, and exchange inventories have increased but still remain at a historically low level. Bullish and bearish factors are intertwined, and bulls are slightly weak in pulling up...

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Summary of SMM Lead Morning Meeting: Overnight Nonferrous Metals Gener - Shanghai Metals Market (SMM)