Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

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

LME Lead to Stabilize (2016-3-23)

Mar 23, 2016 09:34

Source:SMM

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

For queries, please contact Michael Jiang at michaeljiang@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

17% China Lead Smelters Optimistic over Lead Prices This Week, SMM Surveys

SMM survey of 30 Chinese lead smelters reveals that 17% of them see LME lead to rise above the 5-day moving average and challenge USD 1,900/mt this week.

Aug 23, 2016 09:07

SMM Comments

LME Lead to Move in a Tight Range (2016-8-15)

LME lead will narrowly range USD 1,825-1,845/mt during Asian trading hours Monday.

Aug 15, 2016 09:10

SMM Comments

LME Lead to Remain at Highs (2016-1-4)

LME lead will still trade at highs of USD 1,770-1,800/mt during Asian trading hours Monday.

Jan 4, 2016 09:59

SMM Comments

Further Downside Room in Sight for LME Lead Next Week

LME lead enters downside track with exit of longs and will put support at $ 1,600 per tonne in check next week, SMM predicts.

Dec 18, 2015 15:11

SMM Insight

LME Lead to See Small Upside Room Next Week, SMM says

Any big gains in LME lead will be curbed by firmer dollar next week and LME lead should trade at highs $ 1,680-1,735 yuan per tonne despite upbeat technical indicators.

Dec 11, 2015 15:42

SMM Insight

SHFE Lead Resists Declines despite China Poor Data (Dec. 8, 2015)

SHFE 1602 lead once lurched up to RMB 13,025/mt after opening Monday night trading session at RMB 13,000/mt.

Dec 8, 2015 16:31

SMM Comments

Shanghai Lead Prices Set for Gains on Rising Demand (2015-12-7)

LME lead is expected to move at USD 1,665-1,695/mt during Asian trading hours Monday.

Dec 7, 2015 09:49

SMM Comments

SHFE Lead Falls 0.75% on Firmness in Dollar (Dec. 3, 2015)

SHFE 1602 lead started Wednesday evening session at RMB 12,620/mt before shooting up to RMB 13,000/mt.

Dec 3, 2015 15:31

SMM Comments

China Lead Prices to Get Boost from SCO Summit

Some lead producers will cut production in China’s Henan, SMM understands.

Dec 2, 2015 13:31

Industry

SMM Events & Webinars

All

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

LME Lead to Stabilize (2016-3-23)

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit