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LME Lead to Hover at Highs (2017-8-17)
Aug 17, 2017 09:28Source:SMM
LME lead will trade at USD 2,480-2,520/mt on Thursday and SHFE 1709 lead will fluctuate at RMB 20,000-20,400/mt.
SHANGHAI, Aug. 17 (SMM) – LME lead will trade at USD 2,480-2,520/mt on Thursday and SHFE 1709 lead will fluctuate at RMB 20,000-20,400/mt.
In China’s domestic market, spot lead should trade at RMB 20,000-20,100/mt.
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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
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LME lead will trade at USD 2,200-2,230/mt on Thursday, and SHFE 1708 lead will drop marginally to RMB 17,200-17,450/mt.
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SHFE 1704 lead opened at RMB 18,530/mt and ended at RMB 18,570/mt, down RMB 260/mt or 1.38%.
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