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.