Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / LME Lead to Stay Range-Bound (2016-2-16)

LME Lead to Stay Range-Bound (2016-2-16)

Feb 16, 2016 09:47

Source:SMM

LME lead will move in a tight range of USD 1,820-1,850/mt during Asian trading hours Tuesday with support at the 5-day moving average.

SHANGHAI, Feb. 16 (SMM) – LME lead will move in a tight range of USD 1,820-1,850/mt during Asian trading hours Tuesday with support at the 5-day moving average.

SHFE 1603 lead should test support from the 10-day moving average on February 16 with positive technical indicators. The contract should move between RMB 13,650-13,900/mt. Many traders return to market but downstream market stay quiet, leaving trading to be muted. Spot lead should trade at RMB 13,850-14,000/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-2-16)

LME lead prices

SHFE lead prices

Pb 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

Related news

SHFE Lead Closes Lower (2016-9-26)

SHFE 1611 lead started at RMB 14,445/mt and ended down RMB 110/mt or 0.76% at RMB 14,440/mt with a session high of RMB 14,525/mt and a session low of RMB 14,335/mt.

Sep 26, 2016 17:57

SMM Comments

SHFE Lead Sets for Losses (2016-9-26)

LME lead should move at USD 1,905-1,925/mt on Monday and SHFE 1611 lead is predicted to range between RMB 14,350-14,550/mt.

Sep 26, 2016 10:02

SMM Comments

SHFE Lead Prices Up 3.97% (2016-9-1)

SHFE 1610 lead started at RMB 13,965/mt and ended at RMB 14,420/mt, up RMB 550/mt or 3.97%.

Sep 1, 2016 17:44

SMM Comments

33% Market Players Negative Toward Lead Prices This Week, SMM Surveys

SMM survey of 30 Chinese lead smelters reveals that 33% of them see LME lead to drop below USD 1,843/mt this week and SHFE 1610 lead to fall below RMB 13,500/mt and test the 60-day moving average.

Aug 30, 2016 08:39

SMM Comments

SHFE Lead Prices Up 0.07% (2016-8-26)

SHFE 1610 lead started at RMB 13,945/mt and ended at RMB 13,960/mt, up RMB 10/mt or 0.07%.

Aug 26, 2016 17:11

SMM Comments

LME Lead to Face Downward Pressure from Firmer Dollar (2016-5-23)

LME lead will remain under downward pressure and will range USD 1,660-1,680/mt during Asian trading hours Monday.

May 23, 2016 09:31

SMM Comments

Most Lead Smelters in China Pessimistic over Lead Prices This Week, SMM Survey

SMM survey of 30 Chinese lead producers indicates that 77% of them are bearish over lead prices this week.

May 17, 2016 09:59

SMM Comments

LME Lead to Stay Range-Bound (2016-5-13)

LME lead will narrowly range USD 1,700-1,720/mt during Asian trading hours Friday.

May 13, 2016 09:15

SMM Comments

97% China Lead Smelters Pessimistic over Lead Prices This Week, SMM Survey

SMM survey of 30 Chinese lead producers finds that 97% of them see LME lead to fall below USD 1,700/mt this week and SHFE 1607 lead to test support at RMB 12,700/mt.

May 10, 2016 10:14

SMM Comments

SHFE Lead Traders Lower (April 28, 2016)

SHFE 1606 lead started at RMB 13,160/mt overnight and moved lower to RMB 13,020/mt before ending at RMB 13,090/mt。

Apr 28, 2016 18:12

SMM Comments

SMM Events & Webinars

All

Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  London , the United Kingdom
Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025
  Oct 20 - 21,2025
  Xiamen, China

LME Lead to Stay Range-Bound (2016-2-16)

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025