Where Lead Price Heads This Week? SMM Forecasts

Published: Jul 10, 2017 17:45
LME lead will trade at $2,225-2,300 per tonne this week, and SHFE 1708 lead will fluctuate at 17,500-17,800 yuan per tonne.

SHANGHAI, Jul. 10 (SMM) - LME lead will trade at $2,225-2,300 per tonne this week, and SHFE 1708 lead will fluctuate at 17,500-17,800 yuan per tonne.

Primary Lead Smelters Hold Normal Production, and Secondary Lead Smelters Suffer Environmental Checks, SMM Reports

Falling Profit Dampens Production Enthusiasm of Secondary Lead Smelters, SMM Says

Stable production at lead smelters will lead to ample refined lead supply, and downstream battery producers will resume raw material purchases with easing of financial condition.

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