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Home / Metal News / Shanghai Lead to Stay High (2016-2-2)

Shanghai Lead to Stay High (2016-2-2)

Feb 2, 2016 10:12

Source:SMM

The market will lack important macroeconomic news today. LME lead is expected to remain high between USD 1,720-1,750/mt today.

SHANGHAI, Feb. 2 (SMM) – The market will lack important macroeconomic news today. LME lead is expected to remain high between USD 1,720-1,750/mt today. SHFE 1603 lead will rise to RMB 13,650-13,850/mt today.

See forecast for other base metals, please click: Waning Spot Trades to Weigh on SHFE Base Metal Prices, SMM Says

Spot lead prices will move between RMB 13,850-14,000/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-2-2)

SHFE lead prices

LME lead prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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