SMM Survey Reveals Lead Ingot Social Inventory Soars Over 10,000 Tons as Holders Move to Warehouses Amid Price Decline

[SMM Survey: Stockholders Move Goods to Warehouses, Social Inventory of Lead Ingots Increases by Over 10,000 Tons]

According to the survey, the center of gravity of lead prices has gradually shifted downwards in recent days, with primary lead smelting enterprises generally actively shipping their products. As of today (September 5), the quotation for spot orders is a discount of 150-50 yuan/ton against the average price of SMM1# lead at the factory, but downstream enterprises are hesitant to buy due to fears of falling prices, and more holders of goods choose to...