Today see a mixed open for ferrous metals. Other commodities have an obvious upward impetus. SHFE Nickel rises over 3%, leading among base metals.
price review forecast
LME lead will fluctuate at highs between USD 2,465-2,495/mt today.
Today see an obvious frustration for ferrous market.SHFE Lead appears to dive at closure with over 3% loss, leading drop of Base Metals.
LME lead will fluctuate at highs between USD 2,490-2,520/mt today.
SHFE Nickel goes up before closure and finishes slight high. SHFE Lead drops over 3%, leading loss of Base Metals.
LME lead, now below the 20-day moving average, will move at USD 2,475-2,510/mt today.
SHFE Base Metals were mixed at open today. Differentiation still exists. SHFE Copper continues to keep strong and lead gain of base metals. SHFE Zinc slumps over 2%, leading drop of base metals.
LME lead will fluctuate at highs between USD 2,530-2,560/mt today.
SHFE copper rises 3%, leading gains of base metals. LME Copper breaks previous high point and stands above $7000 per tonne.
LME lead will fluctuate at highs between USD 2,525-2,550/mt today.
Linyi Municipal Environmental Protection Agency of Shandong province released Notice on Instructions of Production Suspension & Limit of Provincial Steel Companies during Heating Season.
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