LME Lead to Move in a Tight Range (2016-5-5)

Published: May 5, 2016 09:44

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LME lead will move in a narrow range of USD 1,740-1,760/mt during Asian trading hours Thursday.

SHANGHAI, May 5 (SMM) – LME lead will move in a narrow range of USD 1,740-1,760/mt during Asian trading hours Thursday.

SHFE 1606 lead will move between RMB 13,050-13,200/mt on May 5. Downstream purchase stays gloomy and trading is quiet. Spot lead should trade at RMB 13,050-13,200/mt today.

Key Macroeconomic Indicators for Base Metal Prices (2016-5-5)

LME lead price forecast SHFE lead prices Pb prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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