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LME Lead to Move in a Tight Range (2017-3-7)
Mar 7, 2017 09:56CST
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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