Published: Nov 24, 2023 18:55
"The weekly inventory of lead ingots has dropped significantly by over 10,000 tons compared to the previous week, but the decrease in inventory does not necessarily reflect a reduction in supply or an increase in consumption, but rather the possibility of export transfer. With the lead price falling to around 16,400 yuan per ton, we will need to consider the potential impact on the market."

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn