Tight Warehouse Supply in Jiangsu, Zhejiang, and Shanghai, Stronger Support From Firm Spot Price Offers [SMM Lead Morning Meeting Summary]

AI Briefing

• – Tight warehouse inventory in Jiangsu and Zhejiang, Shanghai prices remain firm despite recent fluctuations.
• – Lead prices received firm support from a spot price offer from a major firm.
• – Market sentiment remains cautious ahead of key trading days.