Summary of SMM Lead Morning Meeting: Social inventory accumulation pre

Published: Aug 2, 2023 07:55

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Summary of SMM Lead Morning Meeting: Social inventory accumulation pressure has eased and spot single market turnover has slightly improved. International news, a research team in South Korea recently released a paper claiming that a material named "LK-99" can achieve room temperature superconductivity. LK-99 is a slightly modified hexagonal structure of lead phosphate. In terms of spot fundamentals, the supply of lead ingots has been relatively stable recently, especially the output of primary lead delivery brands has recovered, and the market circulation source has gradually loosened. However, the expectation of recovery in lead battery consumption has not yet been realized.

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