SHANGHAI, Jun. 19 (SMM) - LME lead will trade at$2,075-2,130 per tonne this week and SHFE 1707 lead will stay firm at 16,800-17,600 yuan per tonne.
In China’s domestic market, spot lead should trade at 17,000-17,850 yuan per tonne.
TCs for Domestic Lead Concentrate to Inch Up amid Supply Increase, SMM Forecasts
Downstream battery producers will reduce raw material stock-building, but refined lead supply will remain tight, shoring up lead prices.
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