SHFE Lead to Remain Range-Bound (2017-4-14)

Published: Apr 14, 2017 09:20
LME market will close on Friday for Easter. SHFE 1706 aluminum will fluctuate at RMB 16,300-16,700/mt.

SHANGHAI, Apr. 14 (SMM) – LME market will close on Friday for Easter. SHFE 1706 aluminum will fluctuate at RMB 16,300-16,700/mt.

In China’s domestic market, with nearing of delivery date, traders give offers as usual while downstream battery producers take wait-and-see stance. Spot lead should trade at RMB 16,550-16,700/mt.

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