SMM

[SMM Analysis: Supply-Demand Imbalance in the Lead Market: Dual Challenges of High Inventory and Price Fluctuations] SMM, February 15: According to reports, a major lead-acid battery producer took advantage of low prices before the holiday to restock and purchased a large quantity of lead ingots. During the holiday, the company was mostly in a shutdown state, and after the holiday, with a low operating rate, the consumption of lead ingot inventory was limited. This has resulted in almost no expectation of external purchase of lead ingots in the second half of February, significantly affecting the destocking of lead ingot inventory...