Shanghai Metals Market

Lead Ingot Inventory Buildup Dragged Down the Market, SHFE Lead Lacked Momentum After Intraday Decline [Lead Futures Brief Review]

The most-traded SHFE lead 2606 contract opened at 16,651 yuan/mt intraday. The market fluctuated downward at the beginning of the session, dipping to a low of 16,500 yuan/mt. Although there was a ...
Shanghai Metals Market

As the Holiday Factor Subsided, Downstream Enterprises Resumed Purchasing Lead Ingots as Needed [SMM Lead Morning Meeting Minutes]

Last Friday, LME lead opened at $1,974/mt, fluctuated downward during the Asian session to a low of $1,958/mt. As tight supply of lead ingots in the Southeast Asian market persisted, providing strong ...