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LME Lead to Test Support (2017-8-29)
Aug 29, 2017 09:55Source:SMM
LME lead will test support at the 40-day moving average and range USD 2,330-2,375/mt today.
SHANGHAI, Aug. 29 (SMM) –LME lead will test support at the 40-day moving average and range USD 2,330-2,375/mt today. The most active SHFE lead will move within RMB 18,900-19,450/mt, finding support from market fundamentals.
Spot lead will trade at RMB 19,200-19,300/mt.
Key Macroeconomic Indicators for Base Metal Prices (2016-8-29)
SHFE lead prices
lead prices
base metal price forecast
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