Maintenance and Downstream Cargo Pick-Up Deplete Primary Lead Enterprises' Plant Inventory to Low [SMM Primary Lead Inventory Weekly Review]

          It is learned that as of June 18, the in-factory inventory of major primary lead delivery brands stood at 7,100 mt, down 4,000 mt WoW.

This week, maintenance activities increased at both primary and secondary lead smelters, tightening the supply of lead ingots. Moreover, as most primary lead enterprises had pre-sold the majority of this week's lead ingot output last week, primary lead smelters maintained low inventories. During the Dragon Boat Festival, many downstream enterprises planned to take holidays, leading to a lack of lead consumption. After the holiday, primary lead smelters may face inventory buildup risks.