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.