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SHFE lead to Challenge 8,300 Yuan This Week, SMM Forecasts

iconJul 31, 2017 11:10
Source:SMM
LME lead will fluctuate between $2,230-2,340 per tonne this week and SHFE 1709 lead will rade at 17,500-18,500 yuan per tonne.

SHANGHAI, Jul. 31 (SMM) - LME lead hovered at highs On July 28 with main price range edging down, and will fluctuate between $2,230-2,340 per tonne this week.

TCs for Lead Concentrate Fall on Tight Supply, SMM Reports

SHFE 1709 lead will challenge 18,300 yuan per tonne and will trade at 17,500-18,500 yuan per tonne with positive technical indicators.

Primary Lead Smelters Hold Normal Production, and Secondary Lead Smelters Halve Output, SMM Reports

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