LME Lead to Face Downward Pressure (2017-5-19)

Published: May 19, 2017 09:14

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LME lead will trade at USD 2,050-2,090/mt and SHFE 1707 lead will fluctuate at RMB 15,200-15,500/mt on Friday.

SHANGHAI, May 19 (SMM) – LME lead will trade at USD 2,050-2,090/mt on Friday. SHFE 1707 lead rallied from lows on Thursday, but will not keep rising with lack of upward strength. The contract will fluctuate at RMB 15,200-15,500/mt on Friday.

In China’s domestic market, spot lead should drop RMB 25/mt and trade at RMB 15,550-15,700/mt on Friday.

SHFE lead LME lead lead prices

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