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Shanghai Lead to Remain High (2016-2-5)

iconFeb 5, 2016 09:35
Source:SMM
US January non-farm employment slated for release today is expected to fell below December’s.

SHANGHAI, Feb. 5 (SMM) – US January non-farm employment slated for release today is expected to fell below December’s. LME lead is expected to consolidate between USD 1,780-1,810/mt today. SHFE 1603 lead will consolidate between RMB 13,850-14,050/mt today.

See forecast for other base metals, please click: Shanghai to See Positions down during Last Trading Day before Chinese Holiday, SMM Says

Spot lead prices will move between RMB 13,950-14,050/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-2-5)


SHFE lead prices
LME lead prices

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