LME Lead Sets with Losses (2016-11-18)-Shanghai Metals Market

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LME Lead Sets with Losses (2016-11-18)

Price Review & Forecast 09:38:22AM Nov 18, 2016 Source:SMM

SHANGHAI, Nov. 18 (SMM) – Attention should be on US leading economic indicators by Conference Board in October and November on Friday, which is expected to be lower than previous level. US dollar index will drop from highs on Friday. LME lead is predicted to move at USD 2,165-2,185/mt on Friday and SHFE 1701 lead will fluctuate between RMB 17,780-17,980/mt.

In China’s domestic market, spot lead should trade at RMB 17,900-18,000/mt on Friday with improving trading.

Key Words:  SHFE lead  LME lead  lead prices 

Price

more
#1 Lead
Apr.18
16500.0
-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.18
16450.0
-50.0
(-0.30%)
Secondary Lead
Apr.18
16050.0
-50.0
(-0.31%)

LME Lead Sets with Losses (2016-11-18)

Price Review & Forecast 09:38:22AM Nov 18, 2016 Source:SMM

SHANGHAI, Nov. 18 (SMM) – Attention should be on US leading economic indicators by Conference Board in October and November on Friday, which is expected to be lower than previous level. US dollar index will drop from highs on Friday. LME lead is predicted to move at USD 2,165-2,185/mt on Friday and SHFE 1701 lead will fluctuate between RMB 17,780-17,980/mt.

In China’s domestic market, spot lead should trade at RMB 17,900-18,000/mt on Friday with improving trading.

Key Words:  SHFE lead  LME lead  lead prices