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SMM Morning Review - 2010/8/16 Lead Market
SHANGHAI, Aug. 16 (SMM) – The data released by the US last Friday confirmed that the US economic recovery is slowing. A rising US dollar and falling US equities markets both dragged down daily price gains of base metals. Finally, LME lead prices closed at USD 2,075/mt.
Domestic lead market is expected to trade in the RMB 15,850-16,100/mt range on Monday.
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