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LME Lead to See Range-Bound Trading (2017-6-12)

Published: Jun 12, 2017 09:24
LME lead will trade at USD 2,090-2,130/mt on Monday and

SHANGHAI, Jun. 12 (SMM) – LME lead will trade at USD 2,090-2,130/mt on Monday. SHFE 1707 lead will move between RMB 16,730-17,050/mt with strong support from the moving averages, but there is a possibility for the contract to drop.

In China’s domestic market, spot lead should rise RMB 400/mt and trade at RMB 16,850-17,000/mt on Monday.

SHFE leadLME leadlead prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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