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SHFE Lead to Stay Range-Bound (2017-5-5)
May 5, 2017 09:06Source:SMM
LME lead will move at USD 2,170-2,225/mt on Friday and SHFE 1706 lead will move at RMB 15,800-16,300/mt.
SHANGHAI, May 5 (SMM) – Eyes should be on US’s nonfarm payrolls on Friday. LME lead will move at USD 2,170-2,225/mt on Friday and SHFE 1706 lead will move at RMB 15,800-16,300/mt.
In China’s domestic market, off-season continues. Spot lead should trade at RMB 16,000-16,150/mt on Friday.
SHFE lead
LME lead
lead prices
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