Home / Metal News / LME Lead to Meet Strong Resistance (2017-5-10)

LME Lead to Meet Strong Resistance (2017-5-10)

iconMay 10, 2017 09:29
LME lead will move at USD 2,157-2,188/mt on Wednesday, and SHFE 1706 lead will trade at RMB 15,950-16,250/mt .

SHANGHAI, May 10 (SMM) – LME lead will meet strong resistance and will move at USD 2,157-2,188/mt on Wednesday. SHFE 1706 lead climbed above RMB 16,000/mt on Tuesday’s night trading and will trade at RMB 15,950-16,250/mt on Wednesday.

In China’s domestic market, spot lead should rise RMB 25/mt and should trade at RMB 15,950-16,050/mt on Wednesday.

SHFE lead
LME lead
lead prices
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news