"Summary of SMM Lead Morning Meeting: Expectations of Consumption Reco

Published: Aug 1, 2023 07:56

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"Summary of SMM Lead Morning Meeting: Expectations of Consumption Recovery Have Not Been Fulfilled, Short-term Lead Prices May Remain in Range Shock. Macroscopically, pay attention to the release of China's July Caixin Manufacturing PMI data in the morning, and the final value of the US Markit Manufacturing PMI in July in the evening. On the spot basis, last week SMM's primary lead smelting plant's weekly start-up rate was 56.16%, down 0.25 percentage points from the previous week..."

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