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SMM Lead Weekly Price Review and Forecast (Jan. 19-23, 2015)

Release time:2015-01-20

Jan 19, 2015 09:23 GMT   Source:SMM

 

SHANGHAI, Jan. 19 (SMM) – Lead for March delivery on the Shanghai Futures Exchange, the most active contract, followed copper prices down to as low as RMB 11,770/mt early last week, but recouped most losses by last Friday. The price of the SHFE 1503 lead contract was down about 1.5% from the week ending January 9. The most active SHFE 1503 lead contract is more resistant to declines than LME lead and other base metals as lead prices have slipped below production costs and more smelters have joined in pr......

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SMM LME lead prices
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