Published: Jul 18, 2024 08:59
[SMM Lead Morning Meeting Summary: Domestic Supply of Lead Ingots and Raw Materials Remains Relatively Tight, and Lead Prices May Maintain a High Level] Overnight, LME lead opened at $2,189.5 per ton, slightly declined to $2,197 per ton during the Asian session. In the European session... Macroscopically, due to signs of economic weakness in the United States on Wednesday, expectations for the Federal Reserve to cut interest rates warmed up, and the US dollar index fell to a four-month low. Federal Reserve Williams suggested that if inflation continues to slow down in the near future...

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