Tag: SHFE lead stocks

SHFE lead stocks fell by 60.9% w-o-w, dropping from 60,617 t to 23,679 t. This significant decrease is attributed to a new rule by the SHFE, which requires lead to have a lower bismuth content (25 PPM or less, down from 40 PPM). Implemented in response to stricter emission standards for Chinese battery makers, this…