SHFE Lead to Ends Lower (2016-12-5)

Published: Dec 5, 2016 10:19

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LME lead will range between USD 19,500-20,000/mt on Monday and SHFE 1701 lead is expected to move at RMB 19,500-20,000/mt.

SHANGHAI, Dec. 5 (SMM) – Attention should be on US’s ISM nonmanufacturing PMI in November on Monday, which is expected to be higher than October’s level. LME lead will range between USD 19,500-20,000/mt on Monday. SHFE 1701 lead will drop on Monday and is expected to move at RMB 19,500-20,000/mt.

In China’s domestic market, spot lead will fall and should trade at RMB 20,050-20,200/mt on Monday.

SHFE lead LME lead lead prices

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