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Home / Metal News / Poor Trading Activity as Finished Product Inventories of Secondary Lead Increased This Week [SMM Weekly Lead Review]

Poor Trading Activity as Finished Product Inventories of Secondary Lead Increased This Week [SMM Weekly Lead Review]

iconJan 3, 2025 16:33
Source:SMM
[SMM Lead Weekly Review: Poor Trading Activity, Secondary Lead Finished Product Inventories Increased This Week] SMM, January 3: As of January 3, 2025, according to a survey by Shanghai Metals Market (SMM), the finished product inventories of secondary lead smelting enterprises stood at 10,680 mt, an increase WoW...

SMM, January 3:

As of January 3, 2025, according to a survey by Shanghai Metals Market (SMM), finished product inventories of secondary lead smelting enterprises stood at 10,680 mt, a WoW increase of 7,530 mt. The main reasons for the inventory increase were: (1) The heavy pollution weather alert in the primary secondary lead production area—Anhui—was lifted last Saturday, leading to an increase in production this week. (2) After the decline in lead prices, secondary lead suppliers maintained firm offers, while downstream enterprises showed insufficient purchase willingness, resulting in low trading activity for lead ingots.

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