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Home / Metal News / LME Lead to Move in a Tight Range (2017-4-26)

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

Apr 26, 2017 09:19

Source:SMM

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.

SHANGHAI, Apr. 26 (SMM) – 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.

In China’s domestic market, spot lead should rise RMB 50/mt and trade at RMB 16,000-16,100/mt on Wednesday.

SHFE lead

LME lead

lead prices

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Aug 22, 2017 14:04

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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

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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.

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SMM Comments

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

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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 (2017-4-26)

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