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LME Lead to Trade at Highs (2016-3-4)
Mar 4,2016 09:34
CSTprice review forecast
Source:SMM
LME lead should hold firm and move between USD 1,820-1,850/mt during Asian trading hours Friday.
SHANGHAI, Mar. 4 (SMM) – LME lead should hold firm and move between USD 1,820-1,850/mt during Asian trading hours Friday.
Markets expect US February non-farm payrolls to be upbeat and US dollar index will thus go up. SHFE 1604 lead will hover between RMB 13,800-13,950/mt on Mar. 4 and spot copper will be offered at RMB 13,750-13,900/mt supported by strong SHFE lead.
Key Macroeconomic Indicators for Base Metal Prices (2016-3-4)
LME lead price forecast
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