Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
DashboardDatabaseProReportsEventsCar Insight
Download our mobile app to
your devices
LME Lead to Move in a Tight Range (2015-12-17)
Dec 17, 2015 10:15Source:SMM
LME lead is predicted to move between USD 1,670-1,710/mt during Asian trading hours Thursday with support at the 20 and 40-day moving averages.
SHANGHAI, Dec. 17 (SMM) – LME lead is predicted to move between USD 1,670-1,710/mt during Asian trading hours Thursday with support at the 20 and 40-day moving averages.
See forecast for other base metals, please click: No Big Impact on Base Metal Prices from US Rate Hike, SMM Says
US Fed, as widely expected, announced on Thursday to raise the range of its benchmark interest rate by 0.25 percentage points and the Fed expects a slow and gradual rate hike path, which received little reaction from base metals market.
SHFE 1602 lead should range RMB 12,900-13,050/mt on December 17 and in China’s spot market, spot supply stays tightened and downstream buyers hold a wait-and-see attitude. Thus, spot lead will trade at RMB 13,100-13,200/mt.
Key Macroeconomic Indicators for Base Metal Prices (2015-12-17)
LME lead price forecast
SHFE lead price
Pb prices
lead prices
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
LME Lead to Hover at Highs (2017-8-17)
LME lead will trade at USD 2,480-2,520/mt on Thursday and SHFE 1709 lead will fluctuate at RMB 20,000-20,400/mt.
Aug 17, 2017 09:28
SHFE 1710 Lead Ends up 1.17% (2017-8-16)
SHFE 1708 lead opened at RMB 19,325/mt and reached RMB 19,510/mt.
Aug 16, 2017 17:48
LME Lead to Hover at Highs (2017-8-16)
LME lead will trade at USD 2,320-2,355/mt on Wednesday and SHFE 1709 lead will fluctuate at RMB 19,200-19,400/mt.
Aug 16, 2017 09:20
LME Lead to Remain Range-Bound (2017-8-11)
LME lead will trade at USD 2,350-2,390/mt on Friday and SHFE 1709 lead will fluctuate at RMB 19,000-19,350/mt.
Aug 11, 2017 09:23
SHFE Lead Jumps 3.49% (2017-8-9)
SHFE 1709 lead opened at RMB 19,010/mt and closed at RMB 19,700/mt, up RMB 665/mt or 3.49%.
Aug 9, 2017 17:32
Will Sichuan Powerful Earthquake Affect Production at Pb-Zn Mines? SMM Reports
Many lead and zinc mines in Sichuan felt strong shaking.
Aug 9, 2017 09:48
SMM Events & Webinars
All- Oct08
2nd Li-ion Battery Europe 2024
Oct 08 - 10,2024THE EGG BRUSSELS, BELGIUM
- Jun24
2024 Global Renewable Metal Industry Chain Summit
Jun 24 - 25,2024To foster international cooperation and dialogue among industry colleaguesKuala Lumpur , Malaysia
- Jun18
2024 ASEAN Automotive Supply Chain
Jun 18 - 19,2024Pattaya,Thailand
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.
