[SMM Morning Meeting Summary on Lead: Market Volatility Intensifies as

Published: Jul 15, 2024 08:58

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[SMM Morning Meeting Summary on Lead: Market Volatility Intensifies as Bulls and Bears Battle, and the Price Trend of Lead Remains High and Volatile] Last Friday, LME lead opened at $2,195.5 per ton, fluctuating downward during the Asian session, and entered the European session... In terms of macroeconomics, the Producer Price Index (PPI) in the United States in June rose 2.6% year-on-year, higher than expected. The analysis suggested that it did not change the expectation of interest rate cuts in September. In the first half of this year, China's total import and export value of goods grew 6.1% year-on-year, setting a new high in trade scale...

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