LME Lead to Move Higher (2016-6-20)

Published: Jun 20, 2016 09:49

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LME lead will inch higher to USD 1,695-2,-015/mt during Asian trading hours Monday.

SHANGHAI, Jun. 20 (SMM) – LME lead will inch higher to USD 1,695-2,-015/mt during Asian trading hours Monday.

Attention is turning to latest news about Brexit referendum today and US dollar may fall back. This will boost commodity prices.

SHFE 1608 lead will fluctuate between RMB 12,700-12,850/mt on Jun. 20 . In China’s spot market, traders will give offers as usual while downstream inquiries are limited and mainly favor term purchase. Spot lead should trade at RMB 12,650-12,750/mt today.

Key Macroeconomic Indicators for Base Metal Prices (2016-6-20)

LME lead price forecast SHFE lead prices Pb prices

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