LME Lead to Face Downward Pressure (2017-5-9)

Published: May 9, 2017 09:32

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LME lead will face downward pressure on Tuesday and will decline slightly, with price range at USD 2,150-2,180/mt. SHFE 1706 lead will move at RMB 15,800-16,150/mt.

SHANGHAI, May 9 (SMM) – LME lead will face downward pressure on Tuesday and will decline slightly, with price range at USD 2,150-2,180/mt. SHFE 1706 lead fluctuated at around RMB 16,000/mt on Monday’s night trading and will move at RMB 15,800-16,150/mt on Tuesday.

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

SHFE lead LME lead lead prices

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