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LME Lead to Meet Downward Pressure (2017-5-15)
May 15,2017 09:10
CSTprice review forecast
Source:SMM
LME lead will trade at USD 2,100-2,160/mt and SHFE 1706 lead will move between RMB 15,800-16,050/mt on Monday.
SHANGHAI, May 15 (SMM) – LME lead will meet downward pressure on Monday and will trade at USD 2,100-2,160/mt for the near term. SHFE 1706 lead will keep falling in a short term and will move between RMB 15,800-16,050/mt on Monday.
In China’s domestic market, spot lead should drop RMB 50/mt and trade at RMB 15,900-16,050/mt on Monday.
SHFE lead
LME lead
lead prices
For queries, please contact Frank LIU at liuxiaolei@smm.cn
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