Published: Aug 28, 2023 08:49
Summary of SMM Lead Morning Meeting: Supply Increase and Cost Increase Coexist, Short-term Lead Price May Continue to Fluctuate at High Level. Since Monday, August 28th, 2020, the Securities Transaction Stamp Duty has been halved, which is the first time in 15 years that the stamp duty has been reduced. On the fundamentals side, this week's primary lead delivery brand enterprises will gradually resume production, but the expected recovery of lead consumption is limited, while the larger spot price difference...

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Summary of SMM Lead Morning Meeting: Supply Increase and Cost Increase - Shanghai Metals Market (SMM)