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Home / Metal News / SMM Lead Price Forecast for March

SMM Lead Price Forecast for March

Mar 15, 2023 16:55

Source:SMM

Both the supply and demand of the lead market are expected to increase in March. Regional supply tightness will continue to exist. Combined with the of-season for lead, lead prices should have support but lack impetus to rise.

SHANGHAI, Mar 15 (SMM) – Both the supply and demand of the lead market are expected to increase in March. Regional supply tightness will continue to exist. Combined with the of-season for lead, lead prices should have support but lack impetus to rise.

SMM predicts that in the second half of March 2023, SHFE lead will move between 15,000-15,400 yuan/mt, and the spot prices will stand at 14,900-15,300/mt.

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