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Home / Metal News / LME Lead to Move in a Tight Range (2017-3-7)

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

Mar 7, 2017 09:56

Source:SMM

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.

SHANGHAI, Mar. 7 (SMM) – Attention should be on eurozone’s GDP in Q4 2016. 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.

In China’s domestic market, downstream battery producers are expected to increase purchases. Spot lead should drop RMB 150/mt and trade at RMB 18,250-18,350/mt on Tuesday.

SHFE lead

LME lead

lead prices

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Aug 22, 2017 14:04

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WBMS: Global Lead Supply Remains in Deficit of 172,000 Tonnes in January-May 2017

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Jul 20, 2017 09:41

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Eyes should be on US dollar index on Wednesday. LME lead will move at USD 2,140-2,180/mt on Wednesday and SHFE 1706 lead will fluctuate between RMB 15,800-16,350/mt.

Apr 26, 2017 09:19

SMM Comments

LME Lead to Move in a Tight Range (2017-4-26)

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SMM Insight

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SHFE Lead to Stabilize (2017-4-10)

LME lead will move at USD 2,230-2,300/mt on Monday and SHFE 1705 lead will stabilize 16,200-17,000/mt at RMB after a sharp decline.

Apr 10, 2017 09:18

SMM Comments

LME Lead to See Range-Bound Trading (2017-4-7)

LME lead will be weighed by the 20-day moving average and move at USD 2,260-2,310/mt on Friday and SHFE 1705 lead will fluctuate between RMB 17,200-17,600/mt.

Apr 7, 2017 09:41

SMM Comments

LME Lead to See Range-Bound Trading (2017-4-7)

LME Lead to Move in a Tight Range (2017-3-31)

LME lead will fluctuate between USD 2,300-2,370/mt and SHFE 1705 lead will move at RMB 17,000-17,600/mt.

Mar 31, 2017 09:33

SMM Comments

LME Lead to Move in a Tight Range (2017-3-31)

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LME lead is predicted to move between USD 2,300-2,350/mt on Friday and SHFE 1702 lead will range at RMB 20,000-20,500/mt.

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

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NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 (10th) China International New Energy Industry Expo