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SHFE Lead to Outperform LME Lead (2016-2-22)
Feb 22,2016 09:48CST
Source:SMM
SHFE 1604 lead should outperform LME lead on Monday and will move between RMB 13,530-13,700/mt today.

SHANGHAI, Feb. 22 (SMM) – SHFE 1604 lead should outperform LME lead on Monday and will move between RMB 13,530-13,700/mt today. 

See forecast for other base metals, please click:Shanghai Base Metal Prices to Advance, SMM Says

LME lead is predicted to range USD 1,720-1,750/mt during Asian trading hours today. In China’s spot market, downstream buyers will return to market one after another in the second week after Chinese New Year holiday and trading will pick up. Spot lead will trade at RMB 13,800-13,900/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-2-22)



SHFE lead prices
lead price
Pb prices
LME lead prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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