Download our mobile app to 
your devices
Android devicesiOS devices
Holiday Pricing ScheduleFREE TRIALCompliance CentreAbout UsContact Us
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceFinished SteelCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltTernary Precursor and MaterialAnode MaterialsChemical CompoundLithium-ion BatteryUsed Lithium-ion BatterySodium-ion BatteryHydrogen EnergyEnergy Storage
DashboardDatabaseProReportsEventsCar Insight
Home / Metal News / SHFE Lead to Face Weakness (2016-5-26)

SHFE Lead to Face Weakness (2016-5-26)

iconMay 26, 2016 09:47
Source:SMM
SHFE 1607 lead will remain weak and move between RMB 12,600-12,750/mt on May 26.

SHANGHAI, May 26 (SMM) – SHFE 1607 lead will remain weak and move between RMB 12,600-12,750/mt on May 26.

US initial jobless claims may post declines in the week ending May 21, supporting US dollar. This will impose pressure on lead prices.

LME lead will range USD 1,620-1,640/mt during Asian trading hours Thursday. In China’s spot market, traders are eager to sell and operating rates stabilize at battery producers. But demand still stays soft and buyers take a wait-and-see stance with continuous falls in SHFE lead. Spot lead should trade at RMB 12,650-12,800/mt today.

Key Macroeconomic Indicators for Base Metal Prices (2016-5-26)

LME lead price forecast
SHFE lead prices
Pb Price

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

SMM Events & Webinars

All
MOST POPULAR
1.NEV Magnet Wire Industry Opportunity Discovery
2.Copper Substitution Market Study-Consumer Durables
3.Copper Substitution Market Study-Construction
4.Copper Substitution Market Study-Power Distribution
5.Copper Substitution Market Study-Power Transmission
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
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.