Lead Ingot Social Inventories Soar to One-Month High on Warehouse Deliveries and Downstream Cutbacks: SMM Survey

[SMM Survey: A Surge in Lead Ingot Social Inventories to a One-Month High Amid Warehouse Delivery and Downstream Production Cuts]

According to the survey, as the Shanghai Lead 2408 contract entered delivery, holders shifted their stocks to warehouses for delivery, leading to a significant rise in lead ingot social inventories and setting a new high in nearly a month. Recently, lead prices have continued to fall...