[SMM Morning Meeting Summary of Lead: Inventory Continues to Fall and

Published: May 23, 2024 09:00

Save

[SMM Morning Meeting Summary of Lead: Inventory Continues to Fall and Raw Material Supply Contradictions Have Eased, Lead Prices Are Likely to Remain Weak in the Short Term] Minutes of the Federal Reserve Meeting: It may take longer to cut interest rates, and many people are willing to raise interest rates once inflation risks flare up again; in terms of fundamentals, the domestic and foreign lead ingot inventory has continued to decline recently, coupled with the fact that some primary and recycled lead smelting companies are in maintenance status, and the supply limitations of ingot ends still exist. Since May, the loss of lead imports has narrowed, including lead concentrate imports...

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

1 hour ago

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

1 hour ago

3 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

3 hours ago

5 hours ago

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

5 hours ago