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Published: Nov 9, 2023 09:05
"Summary of SMM Lead Morning Meeting: Frequent News from Mining and Smelting Supply Side May Provide Strong Support for Lead Price. Pan Gongsheng, Governor of the People's Bank of China and Director of the State Administration of Foreign Exchange, said that the central bank will always maintain the stability of monetary policy. On the fundamentals, in the background of weak lead consumption, the repair and restoration of primary lead and secondary lead smelting enterprises coexist, and the domestic and foreign lead ingot inventory pattern remains unchanged..."

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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