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LME Lead to Stay Upward Momentum (2017-5-22)
May 22,2017 09:12
CSTprice review forecast
Source:SMM
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
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