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Home / Metal News / LME Lead to Move in a Tight Range (2016-8-10)

LME Lead to Move in a Tight Range (2016-8-10)

Aug 10, 2016 09:25

Source:SMM

LME lead will narrowly range USD 1,800-1,820/mt during Asian trading hours Wednesday.

SHANGHAI, Aug. 10 (SMM) – LME lead will narrowly range USD 1,800-1,820/mt during Asian trading hours Wednesday.

US this week’s EIA crude oil stocks may be positive, which will boost oil prices.

SHFE 16010 lead will fluctuate between RMB 13,650-13,850/mt on Aug. 10. In China’s spot market, cargo holders hold back sales. Downstream buyers will watch from the sidelines and mainly favor term purchase. Spot lead will drop to RMB 13,700-13,800/mt today.

Key Macroeconomic Indicators for Base Metal Prices (2016-8-10)

LME lead price

SHFE lead prices

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SHFE lead prices dropped on January 17 after one-week fluctuation. On January 17, SHFE 1703 lead dropped RMB 735/mt or 3.88% as of 14:32.

Jan 18, 2017 13:51

SMM Insight Industry

SHFE Lead Hardly to Rally with Nearing of 2017 Chinese New Year, SMM Expects

SHFE Lead Ends with Gains (2016-9-20)

SHFE 1611 lead opened at RMB 14,430/mt and closed at RMB 14,475/mt, up RMB 255/mt or 1.79%.

Sep 20, 2016 17:48

SMM Comments

SHFE Lead Prices End with Small Losses (2016-8-22)

SHFE 1610 lead started at RMB 13,945/mt and then dropped to RMB 13,870/mt before finally ending at RMB 13,900/mt, down RMB 5/mt or 0.04%.

Aug 22, 2016 17:22

SMM Comments

SHFE Lead to Hold Firm (2016-8-22)

SHFE 1610 lead will stay strong and range RMB 13,800-14,000/mt on Aug. 22.

Aug 22, 2016 09:13

SMM Comments

LME Lead to Move Higher (2016-8-17)

LME lead will grow to USD 1,865-1,885/mt during Asian trading hours Wednesday.

Aug 17, 2016 09:20

SMM Comments

SHFE Lead Prices Down 0.43% (2016-8-10)

SHFE 1609 lead started at RMB 13,735/mt and ranged between RMB 13,725-13,840/mt before ending at RMB 13,765/mt, down RMB 60/mt or 0.43%.

Aug 10, 2016 18:56

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

7% Chinese Investors Bearish toward Lead Price, SMM Survey

SMM surveyed 30 industry insiders with regard to lead price trends this week and found that 43% see lead price rise.

Feb 2, 2016 09:35

SMM Comments

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LME Lead to Move in a Tight Range (2016-8-10)

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025