Home / Metal News / Aluminium / LME Lead to Face Resistance (2016-3-29)
LME Lead to Face Resistance (2016-3-29)
Mar 29,2016 09:29CST
price review forecast
Source:SMM
LME lead will meet resistance at moving averages and will range USD 1,770-1,795/mt during Asian trading hours Tuesday.

SHANGHAI, Mar. 29 (SMM) – LME lead will meet resistance at moving averages and will range USD 1,770-1,795/mt during Asian trading hours Tuesday.

SHFE 1605 lead will hover between RMB 13,500-13,650/mt on Mar. 29 and demand fails to pickup in China’s spot market, and spot lead should trace SHFE lead to trade at RMB 13,550-13,650/mt today. 

Key Macroeconomic Indicators for Base Metal Prices (2016-3-29)

SHFE lead prices
LME lead price forecast
Pb prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news