LME Lead to Trade Widely (2017-10-11)

Published: Oct 11, 2017 09:36

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On Wednesday, LME lead is expected to trade widely among intense struggles between longs and shorts, and the support at the USD 2,500/mt is not solid, with price range between USD 2,530-2,565/mt.

SHANGHAI, Oct. 11 (SMM) – On Wednesday, LME lead is expected to trade widely among intense struggles between longs and shorts, and the support at the USD 2,500/mt is not solid, with price range between USD 2,530-2,565/mt.

SHFE lead, meeting resistance at RMB 21,000/mt, will trade in the range of RMB 20,750-21,150/mt the same day, and spot price in China’s domestic lead market will trade between RMB 21,900-22,000/mt.

lead price SHFE lead price LME lead price base metal price forecast

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