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Home / Metal News / LME Lead to Stay Range-Bound (2016-8-12)

LME Lead to Stay Range-Bound (2016-8-12)

Aug 12, 2016 09:39

Source:SMM

LME lead will narrowly range USD 1,815-1,835/mt during Asian trading hours Friday.

SHANGHAI, Aug. 12 (SMM) – LME lead will narrowly range USD 1,815-1,835/mt during Asian trading hours Friday.

Eyes will be on China’s industrial data and US July PPI.

SHFE 1609 lead will fluctuate between RMB 13,750-13,950/mt on Aug. 12. In China’s spot market, supply stays tight and cargo holders hold back sales. Downstream buyers will watch from the sidelines. Spot lead will trade at RMB 13,700-13,850/mt today.

Key Macroeconomic Indicators for Base Metal Prices (2016-8-12)

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

70% China Market Players Pessimistic over Lead Prices This Week, SMM survey

SMM survey of 30 industrial insiders shows that 70% of them see LME lead to fall to USD 1,570/mt this week and SHFE 1601 lead to drop below RMB 12,360/mt.

Dec 1, 2015 09:50

SMM Comments

SMM Lead Market Morning Review (2015-11-4)

LME lead opened Tuesday trading session at USD 1,704/mt and lurched down to USD 1,682/mt due to bearishness in market.

Nov 4, 2015 09:31

SMM Comments

SHFE Lead Slips RMB 35/mt (Sept. 22, 2015)

SHFE 1511 lead once moved higher to RMB 13,245/mt after opening Monday evening session at RMB 13,190/mt.

Sep 22, 2015 17:21

SMM Comments

SMM Lead Market Daily Review (2015-9-18)

SHFE 1511 lead started at RMB 13,300/mt during Thursday evening and then increased, to close at RMB 1,360/mt, up by RMB 15/mt.

Sep 21, 2015 08:53

SMM Comments

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LME Lead to Stay Range-Bound (2016-8-12)

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2nd Li-ion Battery Europe 2024

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