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Home / Metal News / SHFE Lead to Remain Range-Bound Trading (2017-2-17)

SHFE Lead to Remain Range-Bound Trading (2017-2-17)

Feb 17, 2017 09:32

Source:SMM

LME lead will trade at USD 2,270-2,340/mt on Friday and SHFE 1703 lead will move at RMB 18,500-19,200/mt.

SHANGHAI, Feb. 17 (SMM) – Attention should be on US Conference Board’s leading indicators on Friday. LME lead will trade at USD 2,270-2,340/mt on Friday. SHFE 1703 lead dropped to previous range level on Thursday and will move at RMB 18,500-19,200/mt on Friday.

In China’s domestic market, as spot lead dropped continually on Thursday, spot transaction increased slightly. Spot lead should fall RMB 250/mt to RMB 18,850-19,000/mt on Friday.

SHFE lead

LME lead

lead prices

For queries, please contact William Gu at williamgu@smm.cn

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SHFE 1709 lead opened at RMB 19,010/mt and closed at RMB 19,700/mt, up RMB 665/mt or 3.49%.

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Will Falling Supply Shore Up Secondary Lead Price? SMM Reports

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SHFE 1704 lead opened at RMB 17,945/mt and ended at RMB 18,160/mt, up RMB 335/mt or 1.88%.

Mar 13, 2017 17:41

SMM Comments

LME Lead to Remain Tight Range (2017-3-8)

LME lead is expected to trade at USD 2,200-2,250/mt and SHFE 1704 lead will move between RMB 17,500-18,200/mt.

Mar 8, 2017 09:59

SMM Comments

LME Lead to Remain Tight Range (2017-3-8)

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LME lead will trade at USD 2,200-2,260/mt on Tuesday and SHFE 1704 lead will move at RMB 17,800-18,450/mt.

Mar 7, 2017 09:56

SMM Comments

LME Lead to Move in a Tight Range (2017-3-7)

SHFE Lead Ends with Losses (2017-2-17)

SHFE 1703 lead started at RMB 18,855/mt and ended at RMB 18,695/mt, down RMB 540/mt.

Feb 17, 2017 19:46

SMM Comments

SHFE Lead to Stay Firm (2017-2-9)

ME lead will range at USD 2,360-2,410/mt on Thursday and SHFE 1703 lead will move at RMB 19,100-19,800/mt on Thursday.

Feb 9, 2017 09:51

SMM Comments

SHFE Lead to Move in a Tight Range (2017-1-20)

LME lead will move at USD 2,250-2,310/mt on Friday and SHFE 1703 lead is expected to move at RMB 18,200-18,600/mt.

Jan 20, 2017 09:56

SMM Comments

SHFE Lead to Move in a Tight Range (2017-1-20)

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LME lead is expected to move at USD 2,150-2,250/mt on Wednesday and SHFE 1702 lead will range between RMB 18,000-19,000/mt.

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SHFE Lead to Remain Range-Bound Trading (2017-2-17)

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