Metals News
[Pb] Summary - 2009/1/9 Lead Market
smm insight
01:16PM
Dec 7,2009
Source:SMM

SHANGHAI,Jan. 9 (CBI China) -- The latest LME lead inventories increased by 425 mt. LME lead electronic trading was muted and fluctuated around USD 1150/mt.

    Today, the domestic lead prices were weak compared to other metals due to limited supply and low interest of the downstream in purchase, with the trading prices at RMB 11,800/mt in Shanghai and RMB 12,200/mt in Henan. The overall volume was unimproved.

    In addition, today U.S. dollar against RMB is 6.8363.

 

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