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DashboardDatabaseProReportsEventsCar InsightSHANGHAI, Jan. 8 (SMM) – LME lead is expected to seek support from $ 1,610 per tonne next week on the back of poor technical indicators.
LME lead slipped to $ 1,650 per tonne last week and fell below moving averages in only a week.
SHFE 1602 lead will struggle around 13,000 yuan per tonne next week with resistance at 13,040 yuan per tonne. And China’s spot lead should be offered at 13,000-13,200 yuan per tonne.
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