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Home / Metal News / LME Lead to Move in a Tight Range (2016-8-15)

LME Lead to Move in a Tight Range (2016-8-15)

Aug 15, 2016 09:10

Source:SMM

LME lead will narrowly range USD 1,825-1,845/mt during Asian trading hours Monday.

SHANGHAI, Aug. 15 (SMM) – LME lead will narrowly range USD 1,825-1,845/mt during Asian trading hours Monday.

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

SHFE 1609 lead will fluctuate between RMB 13,700-13,900/mt on Aug. 15. In China’s spot market, supply stays tight and cargo holders hold back sales. Downstream buyers will watch from the sidelines and favor term contracts. Spot lead will trade at RMB 13,700-13,850/mt today.

LME lead price

SHFE lead prices

Pb prices

For queries, please contact William Gu at williamgu@smm.cn

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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

LME Lead to See Range-Bound Trading (2016-9-19)

LME lead is expected to range between USD 1,925-1,945/mt on Monday and SHFE 1610 lead will move at RMB 13,950-14,150/mt.

Sep 19, 2016 09:44

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

LME Lead to Move in a Tight Range (2016-6-23)

LME lead will narrowly range between USD 1,700-1,720/mt during Asian trading hours Thursday.

Jun 23, 2016 09:27

SMM Comments

LME Lead to Stay Range-Bound (2016-6-22)

LME lead will narrowly range between USD 1,700-1,720/mt during Asian trading hours Wednesday.

Jun 22, 2016 09:27

SMM Comments

China Lead Prices to Face Pains from Mounting Stocks, SMM Says

The lead prices in China may take a hit in the near future due to pile-up in stocks, Shanghai Metals Market expects.

Jun 20, 2016 16:50

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