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SHFE Lead to Remain Range-Bound Trading (2017-1-19)

iconJan 19, 2017 10:07
Source:SMM
LME lead will range between USD 2,260-2,310/mt on Thursday and SHFE 1703 lead will move at RMB 18,300-18,600/mt.

SHANGHAI, Jan. 19 (SMM) – Attention should be on US’s housing starts in December on Thursday, which is expected to be higher than previous data. LME lead will range between USD 2,260-2,310/mt on Thursday and SHFE 1703 lead will move at RMB 18,300-18,600/mt.

In China’s domestic market, spot lead should trade at RMB 18,400-18,550/mt on Thursday.

SHFE lead
LME lead
lead prices

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