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LME Lead to Stay Weak (2016-1-7)

iconJan 7, 2016 09:48
Source:SMM
LME lead should remain weak and move between USD 1,670-1,710/mt during Asian hours Thursday.

SHANGHAI, Jan. 7 (SMM) – LME lead should remain weak and move between USD 1,670-1,710/mt during Asian hours Thursday.

See forecast for other base metals, please click: Diverging Trends to Continue in Shanghai Base Metal Market, SMM Says

SHFE 1602 lead will range RMB 13,070-13,240/mt on January 7. Spot supply grows in Henan and some downstream battery makers show buying interest and spot lead will trade at RMB 13,150-13,250/mt. 

Key Macroeconomic Indicators for Base Metal Prices (2016-1-7)   

LME lead price forecast
SHFE lead prices
lead prices
Pb prices

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