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.