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LME Lead to Remain Range-Bound Trading (2017-2-22)

iconFeb 22, 2017 09:40
Source:SMM
LME lead will trade at USD 2,250-2,350/mt on Wednesday and SHFE 1704 lead will move between RMB 18,500-19,200/mt.

SHANGHAI, Feb. 22 (SMM) – Attention should be on US’s existing home sales in January on Wednesday. LME lead will trade at USD 2,250-2,350/mt on Wednesday and SHFE 1704 lead will move between RMB 18,500-19,200/mt.

In China’s domestic market, spot lead should drop RMB 200/mt and trade at RMB 18,850-18,950/mt on Wednesday.

SHFE lead
LME lead
lead prices

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