SHANGHAI, Dec. 29 (SMM) – LME lead should move in a tight range of USD 1,720-1,745/mt during Asian trading hours Tuesday.
Market will focus on Germany’s retail sales in November and US December’s Conference Board CCI.
SHFE 1602 lead should range RMB 12,900-13,030/mt on Dec. 29. In China’s spot market, spot supply remains tight and downstream purchase decreases markedly. Thus, spot lead will trade flat at RMB 13,100-13,200/mt.