Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
DashboardDatabaseProReportsEventsCar InsightSHANGHAI, Jun. 30 (SMM) – LME lead will grow to USD 1,750-1,770/mt during Asian trading hours Thursday.
Markets expect US last week’s initial jobless claims to be positive. This will weigh on US dollar. In turn, commodity prices will get boost.
SHFE 1608 lead will hover between RMB 12,900-13,050/mt on Jun. 30. In China’s spot market, supply is in surplus and downstream buyers favor term purchase at month’s end. Spot lead should trace SHFE lead up to RMB 12,750-12,850/mt today.
Key Macroeconomic Indicators for Base Metal Prices (2016-6-30)
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