Metals News
[Pb] SMM Morning Review - 2009/11/10 Lead Market
smm insight
01:16PM
Dec 7,2009
Source:SMM

SHANGHAI, Nov. 10 (SMM) -- LME lead prices fluctuated around USD 2,230/mt, and received support from USD 2,200/mt. LME lead prices will track other base metal price trends.

    In currency market, the US dollar index rebounded from 15-month low, and the euro dropped below 1.5 against the US dollar; in precious metal market, COMEX gold futures for December delivery closed at USD 1102.5/oz, up USD 1.1/oz, while silver futures for December delivery closed at USD 17.22/oz, down Cents 25.8/oz. 

    Domestic spot lead prices are expected to move around RMB 15,450/mt today.

 

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