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LME Lead to Move in a Tight Range (2017-5-2)
May 2,2017 09:04CST
price review forecast
Source:SMM
LME lead will move at USD 2,230-2,275/mt on Tuesday and SHFE 1706 lead will move above RMB 16,000/mt at RMB 16,150-16,600/mt.

SHANGHAI, May 2 (SMM) – Eyes should be on China’s April Caixin Manufacturing PMI on Tuesday. LME lead will move at USD 2,230-2,275/mt on Tuesday and SHFE 1706 lead will move above RMB 16,000/mt at RMB 16,150-16,600/mt.

In China’s domestic market, spot lead should trade at RMB 16,150-16,250/mt on Tuesday.

SHFE lead
LME lead
lead prices

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