Published: Aug 15, 2023 08:35
Summary of SMM Lead Morning Meeting: Both overnight lead prices weakened, and the domestic social inventory increased before the delivery. Macroscopically, the US PPI year-on-year rose in July, and the US bond yield and dollar index rose, suppressing the non-ferrous metals. According to the survey, near the delivery of the SHFE lead 2308 contract, delivery sources have arrived at the warehouse one after another. In addition, a large secondary lead enterprise in Anhui Province will put its new production capacity into operation this week...

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Summary of SMM Lead Morning Meeting: Both overnight lead prices weaken - Shanghai Metals Market (SMM)