SHFE Lead to Swing Widely at Highs (2017-6-21)

Published: Jun 21, 2017 09:35

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LME lead will trade at USD 2,120-2,150/mt on Wednesday and SHFE 1707 lead will swing widely at RMB 17,450-17,700/mt.

SHANGHAIM, Jun. 21 (SMM) – LME lead will trade at USD 2,120-2,150/mt on Wednesday. SHFE 1707 lead dropped from highs on Tuesday’s nigh trading, and will swing widely at RMB 17,450-17,700/mt on Wednesday with strong support at the moving averages.

In China’s domestic market, spot lead should trade at RMB 17,700-17,800/mt on Wednesday.

SHFE lead LME lead lead 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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