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Published: Sep 1, 2023 13:58
According to the research, lead prices fluctuated and dropped at the beginning of the week, with Shanghai lead falling to a low of 16070 yuan/ton, prompting some downstream companies to take delivery on demand, resulting in a decrease in social stocks of lead ingots. In the second half of the week, lead prices rose strongly, especially on Friday, when the Shanghai lead contract for the month rose to a high of 17305 yuan/ton..."

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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