Published: Jul 9, 2024 08:45
[SMM Lead Morning Meeting Summary: Overnight lead prices showed weak fluctuations, brand lead supply in circulation was tight, and further attention should be paid to the import and arrival situation] On the macro level, the US dollar index rose 0.11% overnight. Traders will closely monitor the testimony of Federal Reserve Chairman Powell in Congress on Tuesday and Wednesday, seeking signs of the imminent rate cut. On the fundamental level, this week is the week before the delivery of the 2407 contract of Shanghai Lead. Holders have gradually transferred delivery sources to delivery warehouses, and social inventories...

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[SMM Lead Morning Meeting Summary: Overnight lead prices showed weak f - Shanghai Metals Market (SMM)