SMM Lead Market Morning Review (2015-4-7)

Published: Apr 7, 2015 10:00

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The LME market was closed last Friday and this Monday due to the Eater holiday, and the SHFE market was also closed due to the Tomb-sweeping Day holiday.

SHANGHAI, Apr. 7 (SMM) – The LME market was closed last Friday and this Monday due to the Eater holiday, and the SHFE market was also closed due to the Tomb-sweeping Day holiday.

US non-farm employment data fell far short of market expectations, weighing on the US dollar index and driving up base metals prices. LME lead prices should hover between USD 1,865-2,000/mt today, and SHFE 1506 lead contract prices will fluctuate between RMB 1,865-2,000/mt, with spot lead prices between RMB 12,550-12,700/mt.

lead prices

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