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Home / Metal News / LME Lead to Stay Upward Momentum (2017-5-22)

LME Lead to Stay Upward Momentum (2017-5-22)

iconMay 22, 2017 09:12
LME lead will maintain rising territory on Monday and SHFE 1706 lead will move at RMB 15,500-15,800/mt.

SHANGHAI, May 22 (SMM) – LME lead rallied from lows on Friday’s night trading. The contract will maintain rising territory on Monday and will trade at USD 2,090-2,130/mt. SHFE 1706 lead rebounded after finding support at lows and will move at RMB 15,500-15,800/mt on Monday.

In China’s domestic market, spot lead should rise RMB 250/mt and trade at RMB 15,750-15,850/mt on Monday.

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.

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