Commodity Market Report

Global lead short-term outlook June 2024

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Raw material availability is constraining supply in China which is driving up the SHFE price. These relatively high prices are encouraging Chinese imports of refined metal. LME stocks expanded 21% during the month with cancelled warrants falling to 13%. LME Cash is down 2% from its May close while SHFE posts highest most active contract price in 6 years.

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    Global Lead Short Term Outlook June 2024.pdf

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