






SHANGHAI, Jul. 18 (SMM) – Last Friday, LME lead prices mainly moved below USD 2,700/mt after opening, hitting a low of USD 2,655/mt. During the European trading session, LME lead prices drifted higher and returned above USD 2,700/mt due to falling US dollar index, finally closing at USD 2,715/mt, up USD 44/mt or 1.66%. SMM expects LME lead prices may fluctuate between USD 2,680-2,730/mt on Monday.
In neighboring markets, the US dollar index finally settled at 75.146.
SMM expects domestic lead spot prices to be between RMB 16,950-17,100/mt on Monday.
Copyright © SMM. All Rights Reserved
None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn