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

iconMay 10, 2017 09:29
Source:SMM
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

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