[SMM Lead Morning Meeting Minutes: Limited Consumption Support, Lead P

Published: Mar 22, 2024 09:00

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[SMM Lead Morning Meeting Minutes: Limited Consumption Support, Lead Prices May Continue to Weakly Fluctuate] In March, the performance of the commercial activities in the US manufacturing industry was strong, reaching the fastest growth rate in nearly two years; however, the service sector, which contributes more to the economy, fell below expectations and previous values. In terms of fundamentals, unexpected suspensions of lead-zinc mines overseas have led to tightening supply at the mining end, while high pressure still exists in current ingot inventories. In the domestic market, the traditional off-season is approaching in the lead-acid battery market...

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