SHANGHAI, Mar. 23 (SMM) – LME lead will stabilize at USD 1,800-1,830/mt during Asian trading hours Wednesday.
Attention is turning to US February new home sales and euro-zone CCI. SHFE 1605 lead will narrowly range RMB 13,530-13,680/mt on Mar. 23. Trading stays sluggish in Chinese spot market but spot lead will get support from SHFE lead. Thus, spot lead will trade at RMB 13,550-13,700/mt.
Key Macroeconomic Indicators for Base Metal Prices (2016-3-23)2016-03-23