SHFE Lead to Strengthen (2016-12-23)

Published: Dec 23, 2016 10:26

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LME lead will move between USD 2,050-2,150/mt on Friday and SHFE 1702 lead will range between RMB 18,000-18,800/mt.

SHANGHAI, Dec. 23 (SMM) – Attention should be on US’s new home sales in November on Friday. LME lead will move between USD 2,050-2,150/mt on Friday and SHFE 1702 lead will range between RMB 18,000-18,800/mt.

In China’s domestic market, supply and demand were both quiet. Upstream and downstream have low purchase interest at the end of year. Spot lead should rise RMB 100/mt to RMB 18,450-18,550/mt on Friday.

SHFE lead LME lead lead prices

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