Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / SMM Morning Review - 2010/1/25 Lead Market

SMM Morning Review - 2010/1/25 Lead Market

Jan 25, 2010 10:55

Source:SMM

SHANGHAI, Jan. 25 (SMM) -- On January 22nd, LME lead prices ended at USD 2,235/mt, down USD 59.5/mt. Since most base metal prices closed down on January 22nd, and with LME zinc prices plunging by 3.58%, weighing on the LME lead market. LME lead prices fell as low as USD 2,180/mt along with credit tightening concerns over China, and the US new banking regulations. LME lead inventories continued to grow, with stocks up 300 mt to 153,475 mt on January 22nd, a recent high level.

SMM holds a pessimistic view towards lead prices, with prices expected in the USD 2,100-2,280/mt range.

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn

lead Pb

lead price

LME market

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Domestic lead-acid battery producers have recently announced output cut plans for the upcoming 2017 Chinese National Day and Mid-Autumn holidays in early October.

Sep 27, 2017 09:37

Industry Reminder

Chilwee Group Announces Production Suspension for Upcoming Holiday

Higher Tax Squeezes Profits at China Lead-acid Battery Producers, SMM Reports

Domestic lead-acid battery producers face growing cost burdens in 2017, SMM lead analyst said 2017 SMM Secondary Lead-acid Battery Summit.

Sep 15, 2017 15:14

SMM Insight

Higher Tax Squeezes Profits at China Lead-acid Battery Producers, SMM Reports

SHFE Lead Hardly to Rally with Nearing of 2017 Chinese New Year, SMM Expects

SHFE lead prices dropped on January 17 after one-week fluctuation. On January 17, SHFE 1703 lead dropped RMB 735/mt or 3.88% as of 14:32.

Jan 18, 2017 13:51

SMM Insight Industry

SHFE Lead Hardly to Rally with Nearing of 2017 Chinese New Year, SMM Expects

Is It Profitable for China to Import Lead Now? SMM Reports

Rising price ratio and high spot premiums have put lead import market, which has been silent for many years, under spotlight.

Nov 22, 2016 17:30

SMM Insight Industry

Inventories at 30 Lead-Acid Battery Producers Keeps Falling in September, SMM Reports

SMM surveys of battery inventories at 30 Chinese lead-acid battery producers currently and finds the following insights.

Oct 25, 2016 10:26

SMM Insight

LME Lead to Remain under Pressure (2016-2-19)

LME lead meets strong resistance at USD 1,750/mt and should move between USD 1,715-1,745/mt during Asian trading hours Friday.

Feb 19, 2016 09:44

SMM Comments

SHFE 1508 Lead Loses RMB 25/mt on Reducing Longs (Jun. 17, 2015)

SHFE 1508 lead opened Tuesday evening session at RMB 12,720/mt and hovered between RMB 12,720-12,780/mt, to close at RMB 12,730/mt.

Jun 17, 2015 18:11

SMM Comments

[Secondary Pb]Cheaper Secondary Refined Lead Lures More Buyers

A 415 yuan/tonne price gap between secondary refined and SMM #1 refined lead attracted more buyers, SMM reported.

Jun 12, 2015 15:18

SMM Insight

SMM Lead Market Morning Review (2015-6-10)

LME lead started at USD 1,915/mt during Asian trading hours and rose to USD 1,930/mt owing to expectation for China’s another reserve rate cut.

Jun 10, 2015 10:05

SMM Comments

SMM Lead Market Daily Review (2015-5-13)

SHFE 1507 lead opened at RMB 13,445/mt Tuesday night and then moved higher to finish at RMB 13,510/mt.

May 14, 2015 08:58

SMM Comments

SMM Events & Webinars

All

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

SMM Morning Review - 2010/1/25 Lead Market

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit