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Home / Metal News / LME Lead to Move Higher (2016-6-20)

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

Jun 20, 2016 09:49

Source:SMM

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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LME lead is predicted to range between USD 1,930-1,950/mt on Friday and SHFE 1610 lead to move at RMB 14,400-14,600/mt.

Sep 2, 2016 10:05

SMM Comments

LME Lead to Move in a Tight Range (2016-8-15)

LME lead will narrowly range USD 1,825-1,845/mt during Asian trading hours Monday.

Aug 15, 2016 09:10

SMM Comments

SHFE Lead Ends with Losses (2016-8-12)

SHFE 1609 lead started at RMB 13,835/mt and moved around RMB 13,805/mt. The price later fell back from a high of RMB 13,860/mt and finally ended at RMB 13,805/mt, down RMB 30/mt or 0.22%.

Aug 12, 2016 16:47

SMM Comments

LME Lead to Face Pains from Firmer Dollar (2016-8-11)

LME lead will suffer pressure from stronger dollar and will narrowly range USD 1,810-1,830/mt during Asian trading hours Thursday.

Aug 11, 2016 09:41

SMM Comments

LME and SHFE lead to Hover at Highs Next Week, SMM Says

With positive technical indicators and expectation for loose macro environment, both LME and SHFE lead should move at highs next week, SMM lead group predict.

Jul 1, 2016 15:48

SMM Insight

SHFE Lead Ends Up (Jun. 27 , 2016)

During last Friday’s night session, SHFE 1608 lead started at RMB 12,760/mt.

Jun 27, 2016 18:29

SMM Comments

LME Lead to Move in a Tight Range (2016-6-23)

LME lead will narrowly range between USD 1,700-1,720/mt during Asian trading hours Thursday.

Jun 23, 2016 09:27

SMM Comments

SHFE Lead Ends with Losses (Jun. 20 , 2016)

During last Friday’s night session, SHFE 1608 lead started at RMB 12,840/mt and sank to RMB 12,760/mt, to end at RMB 12,775/mt.

Jun 20, 2016 17:25

SMM Comments

SHFE Lead Trades down (Jun. 8, 2016)

SHFE 1607 lead contract started at RMB 12,745/mt overnight and moved between RMB 12, 710-12,765/mt before closing at RMB 12,740/mt.

Jun 8, 2016 17:16

SMM Comments

LME Lead to Seek Support from Oil Prices (2016-5-18)

Rising oil prices will slow declines in LME lead and LME lead will narrowly range USD 1,710-1,730/mt during Asian trading hours Wednesday.

May 18, 2016 09:23

SMM Comments

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

SMM Events & Webinars

2024 SMM Middle East Secondary Metal Field Trip

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo