Rising Momentum Wanes for LME Lead (2016-3-8)

Published: Mar 8, 2016 10:06

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LME lead will be lacking in rising strength and will trade at highs of RMB 1,845-1,880/mt during Asian trading hours Tuesday.

SHANGHAI, Mar. 8 (SMM) – LME lead will be lacking in rising strength and will trade at highs of RMB 1,845-1,880/mt during Asian trading hours Tuesday.

Major reports are absent today and markets continue digesting positive news. SHFE 1605 lead will challenge RMB 13,900-14,100/mt and spot lead will trace SHFE lead up to RMB 13,850-13,950/mt despite poor trading.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-8)

LME lead price forecast lead prices

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