SMM Analysis: Domestic lead market relatively flat, how will lead ingot exports fare in March?"

SMM March 21 News: According to customs data, the export volume of refined lead in February 2024 was 1799 tons, a decrease of 37.77% compared to the previous month and a decrease of 87.94% year-on-year; the total export volume of refined lead and lead materials in January and February was 8945 tons... The difference in supply and demand between domestic and foreign markets in March is significant. Looking at inventory structure, LME lead stocks reached a seven-year high of 190,000 tons at the beginning of the month, and as of March 20, LME lead stocks had accumulated to 267,000 tons, while domestic stocks...