Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Steel Billet Coke Coal Pig Iron Silicon 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 (2016-3-10)

LME Lead to Stay Range-Bound (2016-3-10)

Mar 10, 2016 09:38

Source:SMM

LME lead will narrowly range USD 1,820-1,850/mt during Asian trading hours Thursday.

SHANGHAI, Mar. 10 (SMM) – LME lead will narrowly range USD 1,820-1,850/mt during Asian trading hours Thursday.

LME lead headed for losses yesterday, hurt by slip in ferrous metal market. Eyes will be on US last week’s continuing jobless claims today.

SHFE 1605 lead finds support at the 10-day moving average and should fluctuate between RMB 13,630-13,780/mt on Mar. 10 and in China’s spot market, downstream buyers expect further price falls and keep low operating rates due to shortage of orders, weighing on demand for lead. Thus, spot lead will quote at RMB 13,600-13,700/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-10)

LME lead price forecast

SHFE lead prices

Pb prices

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

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

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

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

LME Lead to Face Resistance (2016-4-7)

LME lead will move between USD 1,705-1,725/mt during Asian trading hours Thursday with resistance at the 5-day moving average.

Apr 7, 2016 09:14

SMM Comments

LME Lead to Face Pains (2016-3-30)

LME lead will face downward pressure and should hover between USD 1,725-1,750/mt during Asian trading hours Wednesday.

Mar 30, 2016 09:48

SMM Comments

64% China Lead Producers Expect Stability for Lead Prices This Week, SMM Survey

SMM survey of 30 Chinese lead producers reveals that 64% of them expect lead price to move in current level this week.

Mar 1, 2016 08:49

SMM Comments

LME Lead to Struggle around $ 1,700 Tonne Next Week

LME lead will likely struggle around $ 1,700 per tonne next week, SMM predicts.

Feb 26, 2016 15:50

SMM Insight

SHFE Lead to Outperform LME Lead (2016-2-22)

SHFE 1604 lead should outperform LME lead on Monday and will move between RMB 13,530-13,700/mt today.

Feb 22, 2016 09:48

SMM Comments

Shanghai and Guangdong See Largest Lead Inventory Growth in 5 Years

Primary lead inventories in Shanghai and Guangdong grew by nearly 10,000 tonne from the Chinese New Year holiday to this week.

Feb 19, 2016 17:01

SMM Insight

56% China Lead Producers Expect Lead Prices to Stabilize This Week, SMM Survey

56% of Chinese lead smelters see lead prices to move in current range this week with LME lead between USD 1,800-1,850/mt and spot lead around RMB 14,000/mt.

Feb 16, 2016 16:17

SMM Comments

SMM Events & Webinars

All

Jun
03
- Indonesia Critical Minerals Conference & Expo 2025
  Jun 03 - 05,2025
  Indonesia, with its unique natural resource reserves, has attracted widespread attention from companies worldwide.
  JAKARTA, INDONESIA · Pullman Jakarta Central Park
Jun
12
- 2025 (2nd) Global Renewable Metal Industry Chain Summit
  Jun 12 - 13,2025
  2025 SMM Global Recycling Metals Industry Summit will take place on June 12–13, 2025, in Thailand
  Bangkok, Thailand·Hyatt Regency Bangkok Suvarnabhumi Airport
Jun
15
- 2025 SMM ASEAN Automotive Supply Chain Conference
  Jun 15 - 17,2025
  At this event, SMM will invite experts, scholars, business representatives and government officials
  Bangkok, Thailand·Hyatt Regency Bangkok Suvarnabhumi Airport

LME Lead to Stay Range-Bound (2016-3-10)

SMM Events & Webinars

Indonesia Critical Minerals Conference & Expo 2025

2025 (2nd) Global Renewable Metal Industry Chain Summit

2025 SMM ASEAN Automotive Supply Chain Conference