Metals News
SHFE Lead to Strengthen (2016-10-25)
price review forecast
09:57AM
Source:SMM

SHANGHAI, Oct. 25 (SMM) – There will be lack of news on Tuesday while market players continued digesting positive news on Monday’s night trading and this helped commodities price up on Tuesday. LME lead is predicted to move at USD 2,025-2,055/mt on Tuesday. The SMM/LME lead price ratio increased with falling Chinese yuan. SHFE 1612 lead will range between RMB 16,250-16,500/mt on Tuesday.

In China’s domestic market, suppliers still hold firm prices while downstream producers purchased based on orders. Spot lead will trade at RMB 16,250-16,400/mt on Tuesday.

LME lead
SHFE lead
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
Related Price

No Data