Home / Metal News / Lead / LME Lead to Set with Small Losses (2017-5-23)
LME Lead to Set with Small Losses (2017-5-23)
May 23,2017 09:26CST
price review forecast
Source:SMM
LME lead will move at USD 2,090-2,130/mt and SHFE 1706 lead will move at 15,600-15,850/mt on Tuesday.

SHANGHAI, May 23 (SMM) – LME lead will drop slightly on Tuesday with lack of support at the 5-day moving average, with price range at USD 2,090-2,130/mt. SHFE 1706 lead advanced to above the 5-day moving average and will move at 15,600-15,850/mt on Tuesday.

In China’s domestic market, spot lead should drop RMB 50/mt and trade at RMB 15,650-15,800/mt on Tuesday.

SHFE lead
LME lead
lead prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news