LME Lead to Stay Range-Bound (2016-8-18)_SMM | Shanghai Non ferrous Metals

Compliance Centre Products About Us Contact Us

English

English 中文

News

Non-ferrous

Base Metals

Minor Metals

Precious Metals

Scrap Metals

Rare Earth

Steel

Brand Data Differentials Iron Ore Stainless Steel Finished Steel Coke Pig Iron

New Energy

Cobalt Lithium Ternary Precursor and Material Chemical Compound Lithium-ion Battery Used Lithium-ion Battery

Price News Publication Database

Events Consulting

Publication Database Events Consulting SMM APP Compliance Centre About Us SMM Credit Service Contact Us What We Do?

Home / Metal News / Copper / LME Lead to Stay Range-Bound (2016-8-18)

LME Lead to Stay Range-Bound (2016-8-18)

Aug 18,2016 09:21

CST

Source:SMM

LME lead will range USD 1,865-1,885/mt during Asian trading hours Thursday with stronger dollar.

SHANGHAI, Aug. 18 (SMM) – LME lead will range USD 1,865-1,885/mt during Asian trading hours Thursday with stronger dollar.

Eyes will be on US initial jobless claims in the week ending August 13 and US August Philadelphia Fed's manufacturing index, which may be positive. This will boost US dollar.

SHFE 1609 lead will edge up to RMB 13,500-13,700/mt on Aug. 18. In China’s spot market, traders rush to sell with expanded spot premiums. Downstream demand improves slightly. Spot lead will trade at RMB 13,650-13,800/mt today.

Key Macroeconomic Indicators for Base Metal Prices (2016-8-18)

LME lead price

SHFE lead prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

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 timezone

CST

SMM Insight Industry News

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

China Lead Price to Keep Rising Momentum after Tuesday’s Surge, SMM Expects

Lead price in China’s market has been rising since the beginning of 2016, and SHFE 1612 lead, the most active one, advanced to its daily upward limit on Oct. 25, the highest level since October 16, 20

Oct 25, 2016 15:50 timezone

CST

SMM Insight

China Lead Price to Keep Rising Momentum after Tuesday’s Surge, SMM Expects

SHFE Lead to Keep Upward Momentum (2016-9-21)

LME lead should fluctuate at USD 1,970-1,990/mt today and SHFE 1611 lead will move at RMB 14,600-14,800/mt.

Sep 21, 2016 09:37 timezone

CST

SMM Comments

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 timezone

CST

SMM Comments

SHFE Lead to Remain on the Upward Track (2016-9-2)

LME lead is predicted to range between USD 1,930-1,950/mt on Friday and SHFE 1610 lead to move at RMB 14,400-14,600/mt.

Sep 2, 2016 10:05 timezone

CST

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 timezone

CST

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 timezone

CST

SMM Comments

SHFE Lead Prices Up 0.36% (2016-8-24)

SHFE 1610 lead started at RMB 13,970/mt and ended at RMB 13,965/mt, up RMB 50/mt or 0.36%.

Aug 24, 2016 16:50 timezone

CST

SMM Comments

17% China Lead Smelters Optimistic over Lead Prices This Week, SMM Surveys

SMM survey of 30 Chinese lead smelters reveals that 17% of them see LME lead to rise above the 5-day moving average and challenge USD 1,900/mt this week.

Aug 23, 2016 09:07 timezone

CST

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 timezone

CST

SMM Comments

SMM Events & Webinars

All

Nov
11
- 2021SMM Nonferrous Metals Industry Chain Annual Conference
  Nov 11 - 12,2021
  At this time when opportunities and challenges coexist, SMM sincerely invites you to attend the "2021 SMM Non-ferrous M
  China · Shanghai

Related news

SMM Events & Webinars

2021SMM Nonferrous Metals Industry Chain Annual Conference