Home / Metal News / LME Lead to Find Support (2017-6-1)

LME Lead to Find Support (2017-6-1)

iconJun 1, 2017 09:39
Source:SMM
LME lead will move at USD 2,100-2,130/mt on Thursday and SHFE 1707 lead will fluctuate between RMB 15,850-16,200/mt.

SHANGHAI, Jun. 1 (SMM) – LME lead increased on Wednesday’s night trading and found support at the 5 and 10-day moving averages. The contract will move at USD 2,100-2,130/mt on Thursday. SHFE 1707 lead will fluctuate between RMB 15,850-16,200/mt.

In China’s domestic market, spot lead should rise RMB 25/mt and trade at RMB 15,950-16,050/mt on Thursday.

SHFE lead
LME lead
lead prices

For queries, please contact William Gu at williamgu@smm.cn

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

Related news