Lead Ingot Inventories Soar to 4-Month High Amid Supply Boost, Warehouse Transfers, and Relocation Ahead of SHFE Contract Delivery

[SMM Survey: Increased Supply Overlaid with Warehouse Transfers and Relocation, Lead Ingot Social Inventories Jump to a 4-Month High]

According to the survey, with just one working day left before the delivery of the SHFE Lead 2410 contract, holders of goods have successively transferred inventories to warehouses, and the inventory of lead ingot social warehouses has continued to rise. In October, most primary lead smelting enterprises were in a state of resuming production, leading to an increase in the supply of lead ingots...