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LME Lead Set for Stability (2016-3-11)
Mar 11,2016 09:32CST
price review forecast
Source:SMM
LME lead is expected to stabilize at USD 1,815-1,840/mt during Asian trading hours Friday.

SHANGHAI, Mar. 11 (SMM) – LME lead is expected to stabilize at USD 1,815-1,840/mt during Asian trading hours Friday.

Markets should continue absorb news of QE expansion by the ECB. SHFE 1605 lead will narrowly range RMB 13,530-13,700/mt on Mar. 11 and in China, spot supply stays ample and downstream buyers more favor secondary refined lead. Hence, spot lead should be offered at RMB 13,550-13,650/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-3-11)

LME lead price forecast
SHFE lead prices
Pb prices

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