SHFE Lead to See Range-Bound Trading (2017-3-17)_SMM

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Home / Metal News / Lead / SHFE Lead to See Range-Bound Trading (2017-3-17)

SHFE Lead to See Range-Bound Trading (2017-3-17)

Mar 17,2017 09:28

CST

price review forecast

Source:SMM

LME lead will trade at USD 2,230-2,290/mt on Friday and SHFE 1704 lead will move between RMB 18,000-18,450/mt.

SHANGHAI, Mar. 17 (SMM) – Attention should be on US’s February industrial production on Friday. LME lead will trade at USD 2,230-2,290/mt on Friday and SHFE 1705 lead will move between RMB 18,000-18,450/mt.

In China’s domestic market, traders are active in giving offers while downstream battery producers purchase based on orders. Spot lead should trade at RMB 18,050-18,150/mt on Friday.

SHFE lead

LME lead

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