Non-ferrous

Non-ferrous
Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

New Energy
Price CenterDatabaseProReportsEventsCar Insight
SHANGHAI, Nov. 16 (SMM) – Attention should be on US’s economic data on Wednesday, including crude oil inventory from the week ending November 11, industrial production in October and inflation. LME lead is predicted to move at USD 2,210-2,230/mt on Wednesday and SHFE 1701 lead will range between RMB 18,350-18,550/mt.
In China’s domestic market, suppliers hold back goods for higher prices while downstream battery producers, fearing prices to fall, purchase in a small amount. Trading is expected to remain sluggish on Wednesday and spot lead should trade at RMB 89,800-92,700/mt.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn