Home / Metal News / Lead / LME Lead to Test Support (2017-8-29)
LME Lead to Test Support (2017-8-29)
Aug 29,2017 09:55CST
price review forecast
Source: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

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news