Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / LME Lead to See Weak Trading (2016-7-29)

LME Lead to See Weak Trading (2016-7-29)

Jul 29, 2016 09:29

Source:SMM

LME lead will range between USD 1,790-1,810/mt during Asian trading hours Friday.

SHANGHAI, Jul. 29 (SMM) – LME lead will range between USD 1,790-1,810/mt during Asian trading hours Friday.

Markets expect US flash annualized seasonal Q2 GDP to be positive, which will boost US dollar.

SHFE 1609 lead will hover between RMB 13,550-13,750/mt on Jul. 29. In China’s spot market, cargo holders are still bullish and hold back sales. Downstream buyers favor term purchase and trading will stay dull. Spot lead will quote at RMB 13,350-13,450/mt today.

LME lead prices

SHFE lead prices

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SHFE Lead Closes Lower (2016-9-26)

SHFE 1611 lead started at RMB 14,445/mt and ended down RMB 110/mt or 0.76% at RMB 14,440/mt with a session high of RMB 14,525/mt and a session low of RMB 14,335/mt.

Sep 26, 2016 17:57

SMM Comments

SHFE Lead Sets for Losses (2016-9-26)

LME lead should move at USD 1,905-1,925/mt on Monday and SHFE 1611 lead is predicted to range between RMB 14,350-14,550/mt.

Sep 26, 2016 10:02

SMM Comments

SHFE Lead Prices Up 3.97% (2016-9-1)

SHFE 1610 lead started at RMB 13,965/mt and ended at RMB 14,420/mt, up RMB 550/mt or 3.97%.

Sep 1, 2016 17:44

SMM Comments

33% Market Players Negative Toward Lead Prices This Week, SMM Surveys

SMM survey of 30 Chinese lead smelters reveals that 33% of them see LME lead to drop below USD 1,843/mt this week and SHFE 1610 lead to fall below RMB 13,500/mt and test the 60-day moving average.

Aug 30, 2016 08:39

SMM Comments

SHFE Lead Prices Up 0.07% (2016-8-26)

SHFE 1610 lead started at RMB 13,945/mt and ended at RMB 13,960/mt, up RMB 10/mt or 0.07%.

Aug 26, 2016 17:11

SMM Comments

SHFE Lead to Outperform LME Lead (2016-2-22)

SHFE 1604 lead should outperform LME lead on Monday and will move between RMB 13,530-13,700/mt today.

Feb 22, 2016 09:48

SMM Comments

LME Lead to Stay Range-Bound (2016-2-16)

LME lead will move in a tight range of USD 1,820-1,850/mt during Asian trading hours Tuesday with support at the 5-day moving average.

Feb 16, 2016 09:47

SMM Comments

SHFE Lead Close down (Feb. 4, 2016)

SHFE 1603 lead opened at RMB 14,055/mt Thursday evening.

Feb 5, 2016 21:38

SMM Comments

Shanghai Lead to Remain High (2016-2-5)

US January non-farm employment slated for release today is expected to fell below December’s.

Feb 5, 2016 09:35

SMM Comments

Shanghai Lead to Climb (2016-2-4)

The Bank of England will announce its interest rate decision today.

Feb 4, 2016 10:47

SMM Comments

SMM Events & Webinars

All

Apr
23
- 2025 (20th) SMM Copper Industry Conference and Expo
  Apr 23 - 25,2025
  Nanchang，Jiangxi，China
May
15
- 2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP
  May 15 - 25,2025
  Argentina & Brazil
May
20
- 2025 SMM ASIA METALS SEMINAR
  May 20 - 20,2025
  Global Metals Market in Flux Geopolitics, Policies, Fundamentals
  Novotel Century, Hong Kong, China

LME Lead to See Weak Trading (2016-7-29)

SMM Events & Webinars

2025 (20th) SMM Copper Industry Conference and Expo

2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP

2025 SMM ASIA METALS SEMINAR