SMM Research: Post-Holiday Lead Market Dynamics: Sellers Rush Deliveries, Driving Up Warehouse Stocks Amid Price Volatility

[SMM Research: Sellers Deliver Goods to Warehouses and Shift Inventories, Leading to Severe Accumulation of Lead Ingot Inventories in Social Warehouses]

According to the research, after the National Day holiday, Shanghai lead prices showed a trend of spiking and then falling. During this period, sellers actively shipped goods, and the transaction prices for refined lead sourced from smelters weakened, with the lead spot-futures spread once widening to 300 yuan/ton (i.e., a discount of 300 yuan/ton for the Shanghai Lead 2411 contract ex-factory), causing sellers to...