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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

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

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