SHFE Lead to Drop Slightly (2016-11-8)-Shanghai Metals Market

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SHFE Lead to Drop Slightly (2016-11-8)

Price Review & Forecast 09:40:04AM Nov 08, 2016 Source:SMM

SHANGHAI, Nov. 8 (SMM) – Attention should be on China’s import and export on Tuesday. LME lead is expected to move between USD 2,080-2,100/mt on Tuesday and SHFE 1701 lead will drop slightly to RMB 16,700-16,850/mt.

In China’s domestic market, spot lead should trade at RMB 16,550-16,700/mt on Tuesday.

Key Words:  SHFE lead  LME lead  lead prices 

Price

more
#1 Lead
Apr.22
16600.0
50.0
(0.30%)
T/C for domestic lead concentrate
Apr.01
1850.0
0.0
(0.00%)
T/C for imported lead concentrate
Apr.01
27.5
0.0
(0.00%)
#2 Lead
Apr.22
16525.0
25.0
(0.15%)
Secondary Lead
Apr.22
16125.0
25.0
(0.16%)

SHFE Lead to Drop Slightly (2016-11-8)

Price Review & Forecast 09:40:04AM Nov 08, 2016 Source:SMM

SHANGHAI, Nov. 8 (SMM) – Attention should be on China’s import and export on Tuesday. LME lead is expected to move between USD 2,080-2,100/mt on Tuesday and SHFE 1701 lead will drop slightly to RMB 16,700-16,850/mt.

In China’s domestic market, spot lead should trade at RMB 16,550-16,700/mt on Tuesday.

Key Words:  SHFE lead  LME lead  lead prices