Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

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

New Energy

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 Consulting

Home / Metal News / LME lead to Test Support at $1,715 This Coming Week, SMM Predicts

LME lead to Test Support at $1,715 This Coming Week, SMM Predicts

Apr 15, 2016 18:33

Source:SMM

Last week, LME lead rallied from $ 1,680 per tonne after a 5-week losing streak thanks to rising oil price, and finally closed the week up 0.97% as of 13:57 Friday.

SHANGHAI, Apr. 15 (SMM) – Last week, LME lead rallied from $ 1,680 per tonne after a 5-week losing streak thanks to rising oil price, and finally closed the week up 0.97% as of 13:57 Friday.

“Market focus this coming week will shift to European Central Bank’s interest rate meeting and Doha’s oil meeting, and LME lead is expected to look for support at $1,715 per tonne,” SMM lead analyst foresees.

Demand in China’s domestic spot market is not strong, and on the other hand, supply is expected to grow further, with spot prices expected at 13,200-13,400 yuan per tonne, SMM foresees.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

lead prices

lead price forecast

LME lead prices

SHFE lead 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

Related news

SHFE Lead Closes with Small Losses (2017-8-3)

SHFE 1709 lead opened at RMB 18,555/mt and closed at RMB 18,425/mt, down RMB 15/mt or 0.08%.

time

Aug 3, 2017 17:16

SHFE Lead Closes with Small Losses (2017-8-3)

Tight Supply Refrains Transaction in China Lead Market, SMM Reports

Traders in China's market had low price-making interest in response to low inventories, and firm price kept downstream battery producers at sidelines, resulting in sluggish trading.

time

Aug 3, 2017 14:08

SMM Comments Industry

Tight Supply Refrains Transaction in China Lead Market, SMM Reports

SHFE Lead Strengthens (2017-8-2)

SHFE 1709 lead opened at RMB 18,185/mt and ended at RMB 18,445/mt, up RMB 255/mt or 1.40%.

time

Aug 2, 2017 17:29

SHFE Lead Strengthens (2017-8-2)

LME Lead to Strength (2017-7-31)

LME lead will hover at USD 2,305-2,335/mt on Monday and SHFE 1709 lead will fluctuate between RMB 18,050-18,250/mt.

time

Jul 31, 2017 09:33

LME Lead to Strength (2017-7-31)

Orders at Ignition Battery Producers See No Improvement, Despite of Rising End-User Demand, SMM Says

Orders at ignition battery producers saw no improvement in Zhejiang due to wary purchase sentiment of distributors.

time

Jul 26, 2017 17:59

Orders at Ignition Battery Producers See No Improvement, Despite of Rising End-User Demand, SMM Says

SHFE Lead Price Up 1.15% (2017-7-25)

SHFE 1709 lead, becoming the most actively trade one, opened at RMB 17,460/mt and closed at RMB 17,645/mt, up RMB 200/mt or 1.15%.

time

Jul 25, 2017 17:51

SHFE Lead Price Up 1.15% (2017-7-25)

Primary Lead Inventory in Shanghai and Guangdong to Rally This Week, SMM Expects

Primary lead inventory in Shanghai and Guangdong inched up 400 tonnes to 29,400 tonnes last week.

time

Jul 24, 2017 13:23

Industry SMM Comments

Primary Lead Inventory in Shanghai and Guangdong to Rally This Week, SMM Expects

WBMS: Global Lead Supply Remains in Deficit of 172,000 Tonnes in January-May 2017

Global lead market still reported supply deficit at 172,000 tonnes in the first five months of 2017, according to World Bureau of Metal Statistics (WBMS).

time

Jul 20, 2017 09:41

SMM Insight Industry

WBMS: Global Lead Supply Remains in Deficit of 172,000 Tonnes in January-May 2017

Macquarie Hikes Forecast for Base Metals in 2017 and 2018

Macquarie raised its forecast for most base metals in the next two years, wenhua.com reported.

time

Dec 20, 2016 14:09

Industry Reminder

Macquarie Hikes Forecast for Base Metals in 2017 and 2018

SHFE Lead Prices Up 0.36% (2016-12-8)

SHFE 1702 lead opened at RMB 20,595/mt and finally closed at RMB 20,775/mt, up RMB 75/mt or 0.36%.

time

Dec 8, 2016 17:55

SMM Events & Webinars

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

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4. China Scrap Steel Quality Analysis

5.China Scrap Steel Cost Curve

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.