【SMM Lead Morning Meeting Minutes: Overnight Period Lead Prices Rose,

Published: Mar 5, 2024 08:55

Save

【SMM Lead Morning Meeting Minutes: Overnight Period Lead Prices Rose, Spot Market Gradually Active, Lead Ingot Inventory Slightly Increased】On the macro level, investors are awaiting high-ranking Federal Reserve officials' speeches and heavyweight data to reveal clues about the future interest rate. The continuous rise of major U.S. stock indices and the U.S. dollar index has temporarily paused. In addition, the growth of LME inventory has slowed down and London lead prices have stabilized. The focus of the domestic market is on the upcoming conference, with high expectations for consumption stimulus policies. Fundamentally, the domestic lead market has basically recovered in March, and the spot market trading is active.

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

Related News

2 hours ago

SHFE lead edges down 0.03% with a long upper shadow, consolidation at highs remains intact [Lead Futures Brief Comment]

2 hours ago

4 hours ago

Data: SHFE, DCE market movement (Sep 02)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 02 Sep , 2026

4 hours ago

6 hours ago

September 2 Scrap Battery Market Transaction Summary [SMM Daily Review]

6 hours ago