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SHFE Lead to Stay Range-Bound (2016-8-29)
Aug 29,2016 10:18CST
price review forecast
Source:SMM
SHFE 1610 lead should move between RMB 13,850-14,050/mt.

SHANGHAI, Aug. 29 (SMM) – LME closes today. SHFE 1610 lead should move between RMB 13,850-14,050/mt. Traders offer prices actively but downstream purchase decreases due to cash strain at the end of month and negative attitudes. Spot prices are predicted to range at RMB 13,850-14,000/mt.  


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