Home / Metal News / LME Lead to Stabilize (2016-3-23)

LME Lead to Stabilize (2016-3-23)

iconMar 23, 2016 09:34
LME lead will stabilize at USD 1,800-1,830/mt during Asian trading hours Wednesday.

SHANGHAI, Mar. 23 (SMM) – LME lead will stabilize at USD 1,800-1,830/mt during Asian trading hours Wednesday.

Attention is turning to US February new home sales and euro-zone CCI. SHFE 1605 lead will narrowly range RMB 13,530-13,680/mt on Mar. 23. Trading stays sluggish in Chinese spot market but spot lead will get support from SHFE lead. Thus, spot lead will trade at RMB 13,550-13,700/mt. 

Key Macroeconomic Indicators for Base Metal Prices (2016-3-23)2016-03-23

LME lead price forecast
SHFE lead prices
Pb prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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

Related news

SMM Events & Webinars

All