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Home / Metal News / China Spot Lead to Climb Further (2016-4-14)

China Spot Lead to Climb Further (2016-4-14)

Apr 14, 2016 09:33

Source:SMM

US March CPI and continued jobless claims, with market optimism prevailing in the market.

SHANGHAI, Apr. 14 (SMM) – US March CPI and continued jobless claims, with market optimism prevailing in the market. LME lead should hover between USD 1,740-1,760/mt today. SHFE 1606 lead should move between RMB 13,250-13,450/mt. Downstream buying interest weakened after sharp price gains. Spot lead in China should trade between RMB 13,300-13,450/mt.

Key Macroeconomic Indicators for Base Metal Prices (2016-4-14)

SHFE lead prices

LME lead prices

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China Spot Lead to Climb Further (2016-4-14)

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