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SHFE Lead to Post Gains (2016-11-9)
Nov 9, 2016 10:03Source:SMM
LME lead will range at USD 2,100-2,120/mt on Wednesday and SHFE 1701 lead will rise to RMB 16,850-16,950/mt.
SHANGHAI, Nov. 9 (SMM) – Attention should be on US presidential election on Wednesday. LME lead will range at USD 2,100-2,120/mt on Wednesday and SHFE 1701 lead will rise to RMB 16,850-16,950/mt.
In China’s domestic market, suppliers keep firm offers and downstream battery producers purchased based on orders, resulting in sluggish trading. Spot lead should increase RMB 100/mt to RMB 16,650-16,800/mt on Wednesday.
SHFE lead
LME lead
lead prices
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