SHANGHAI, May 22 (SMM) - LME lead should test USD 1,980-2,000/mt next week because technical indicators point upward.
SHFE 1507 lead is expected to test resistance at RMB 13,500/mt as investors’ confidence picked up Friday and as technical indicators indicates price increase.
In China’s spot market, lead should trade at RMB 13,700-13,900/mt next week.