LME Lead to Find Support (2017-6-1)-Shanghai Metals Market

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

Price Review & Forecast 09:39:14AM Jun 01, 2017 Source:SMM

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.

Key Words:  SHFE lead  LME lead  lead prices 

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

Price Review & Forecast 09:39:14AM Jun 01, 2017 Source:SMM

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.

Key Words:  SHFE lead  LME lead  lead prices