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

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

Price Review & Forecast 09:44:04AM May 05, 2016 Source:SMM

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

Price Review & Forecast 09:44:04AM May 05, 2016 Source:SMM

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)