SHANGHAI, Jul. 13 (SMM) – SHFE 1609 lead will increase to RMB 13,200-13,400/mt on Jul. 13.
Eyes will be a series of economic figures from China, including trade data.
LME lead will narrowly range USD 1,865-1,885/mt during Asian trading hours Wednesday. In China’s spot market, traders give offers as usual and some battery makers tend to increase production. Downstream demand remains limited. Spot lead should grow to RMB 12,900-13,000/mt today.
Key Macroeconomic Indicators for Base Metal Prices (2016-7-13)



