Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
Further Downside Room in Sight for LME Lead Next Week
Dec 18, 2015 15:11LME lead enters downside track with exit of longs and will put support at $ 1,600 per tonne in check next week, SMM predicts.
SHANGHAI, Dec. 18 (SMM) – LME lead enters downside track with exit of longs and will put support at $ 1,600 per tonne in check next week, SMM predicts.
See SMM Survey, Please Click:Most China Lead Smelters Expect Lead Prices to Stabilize This Week, SMM Survey
SHFE 1602 lead will outperform LME lead next week and should test support from 12,700 yuan per tonne with resistance at the 5 and 10-day moving averages.
Spot lead should trace SHFE lead down slightly to 12,950-13,150 yuan per tonne next week. Supply tightness will not be fully eased next week. Downstream lead-acid battery makers will likely cut purchase late December due to cash shortage and falling production, reducing demand.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
LME lead price forecast
SHFE lead price
lead prices
Pb prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
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
Related news
SHFE Lead Closes Higher (2017-6-30)
SHFE 1708 lead opened at RMB 17,815/mt and closed at RMB 17,800/mt, up RMB 65/mt or 0.37%.
Jun 30, 2017 19:20
LME Lead to Find Support (2017-6-1)
LME lead will move at USD 2,100-2,130/mt on Thursday and SHFE 1707 lead will fluctuate between RMB 15,850-16,200/mt.
Jun 1, 2017 09:39
Shanghai Spot Lead Prices to Hold Flat (2017-5-31)
LME lead rose above the 5- and 10-day moving averages, and is expected to move between USD 2,095-2,130/mt today.
May 31, 2017 10:00
SMM Events & Webinars
All- Sep15
NET ZERO CHINA Field Trip
Sep 15 - 19,2025中国
- Sep26
2025 ASIA BATTERY MATERIAL COOPERATION SALON
Sep 26 - 26,2025Time：9.26 2025 Place：Seoul， South KoreaSeoul， South Korea
- Oct14
SMM LME Metals Seminar 2025
Oct 14 - 14,2025Emmanuel Centre，London , the United Kingdom
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 © 2025 SMM Information & Technology Co., Ltd. All rights reserved.
