SHANGHAI, Dec. 25 (SMM) – SHFE 1602 lead is expected to find support from the 5-day moving average and move between RMB 13,020-13,170/mt on Dec. 25.
See forecast for other base metals, please click:Shanghai to See Base Metal Price Rising Year-End, SMM Says
Spot supply remains tight in China and downstream buying interest weakens late Dec. Thus, spot lead will move between RMB 13,150-13,250/mt.
Key Macroeconomic Indicators for Base Metal Prices (2015-12-25)