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Home / Metal News / [Pb Price]SMM Lead Market Morning Review (2015-8-7)

[Pb Price]SMM Lead Market Morning Review (2015-8-7)

iconAug 7, 2015 09:54
Source:SMM
LME base metals remained weak on August 6. LME lead extended losses during Thursday evening session.

SHANGHAI, Aug. 7 (SMM) – LME base metals remained weak on August 6. LME lead extended losses during Thursday evening session, to fall to USD 1,696/mt and end at USD 1,705.5/mt, down by USD 9.5/mt or 0.55%. Trading volumes grew 261 to 3,489 lots but positions fell 1,899 to 126,277. LME lead stocks were down 2,300 mt to 212,800 mt.

LME lead is predicted to range between USD 1,690-1,710/mt today. SHFE 1510 lead should move between RMB 12,800-12,880/mt and RMB 13,100-13,250/mt for spot lead.

SHFE lead prices
LME lead price forecast
Pb Price

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