Published: Jul 1, 2024 09:02
[SMM Lead Morning Meeting Summary: The Supply Contradiction in Scrap Remains, and the Price of Lead Shows a Trend of Strong Fluctuation] The former "top three" of the Federal Reserve: the Federal Reserve will eventually cut interest rates, but it will be later than market expectations. Focus on the two key indicators of unemployment rate and core service inflation. On the fundamentals side, the supply contradiction in scrap remains, and the profits of recycled lead are meager, leading to poor enthusiasm of the refinery's production. Before the resumption of the recycled lead refinery, the regional supply will remain tight, and...

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[SMM Lead Morning Meeting Summary: The Supply Contradiction in Scrap R - Shanghai Metals Market (SMM)