SHFE Lead to Experience Correction (2017-3-15)

Published: Mar 15, 2017 09:45
LME lead will range between USD 2,200-2,260/mt today and SHFE 1704 lead will move at RMB 17,850-18,200/mt.

SHANGHAI, Mar. 15 (SMM) – LME lead will range between USD 2,200-2,260/mt today and SHFE 1704 lead will move at RMB 17,850-18,200/mt.

In China’s domestic market, cargo holders will sell actively, while downstream buyers will purchase as needed. Spot lead should trade at RMB 17,950-18,100/mt.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
SHFE Lead to Experience Correction (2017-3-15) - Shanghai Metals Market (SMM)