LME Lead to Face Resistance (2016-3-29)_SMM | Shanghai Nonferrous Metals

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Home / Metal News / Aluminium / LME Lead to Face Resistance (2016-3-29)

LME Lead to Face Resistance (2016-3-29)

Mar 29,2016 09:29

CST

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

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