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LME Lead to Set with Losses (2017-7-14)
Jul 14, 2017 09:41Source:SMM
LME lead will decrease to USD 2,290-2,310/mt on Friday and SHFE 1708 lead will fluctuate between RMB 17,500-17,800/mt.
SHANGHAIM, Jul. 14 (SMM) – On Friday, Attention should be on eurozone’s balance sheet in May, US’s annual CPI in June, monthly retail sales and industrial production. US’s CPI is expected to keep falling in June. LME lead will decrease to USD 2,290-2,310/mt on Friday and SHFE 1708 lead will fluctuate between RMB 17,500-17,800/mt.
In China’s domestic market, spot lead should trade at RMB 17,650-17,750/mt.
SHFE lead
LME lead
lead prices
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