[SMM Morning Meeting Summary of Lead: Overnight lead price pressured t

Published: Jun 20, 2024 08:50

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[SMM Morning Meeting Summary of Lead: Overnight lead price pressured to weaken, downstream long-term orders mainly for delivery and spot transactions sluggish] Macroscopically, overnight, the US dollar index hovered and fell slightly by 0.03%... In terms of fundamentals, the domestic supply-demand imbalance of raw materials continues to support spot prices. Domestic large-scale battery enterprises maintain stable production, but the order performance of small and medium-sized battery enterprises is slightly affected after their product pricing follows the rise of lead prices, and the long position of lead futures withdraws briefly to wait and see...

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