Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

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

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / SMM Morning Review - 2010/3/19 Lead Market

SMM Morning Review - 2010/3/19 Lead Market

Mar 19, 2010 09:49

Source:SMM

SHANGHAI, Mar. 19 (SMM) -- The LME lead market overnight closed down to around USD 2,250/mt, meeting resistance at the 60-day moving average of USD 2,270/mt. SMM believes LME lead market will look for direction from technical aspects, with prices expected between USD 2,220-2,280/mt.

In neighboring markets, the euro fell further against the dollar, since market concerns grew over the resolution to Greece’s debt issues. The US dollar index closed at 80.281. Gold futures on the COMEX closed at USD 1,127.50 per ounce, up USD 3.3. Silver futures for May delivery ended up 10.1 cents to USD 17.422 per ounce.

Domestic lead market is expected to trade between RMB 15,550-15,700/mt on Friday.

To contact the writer on this report: Sherryshi@smm.cn

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

gold

gold futures

lead Pb

lead price

LME market

silver

silver futures

US dollar

US dollar index

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news

Macro Roundup (Sep 28)

This is a roundup of global macroeconomic news last night and what is expected today.

Sep 28, 2021 09:03

Analysis

ILZSG: Global Lead Supply Deficit Narrows in August

The global lead supply shortage reduced from 31,900 tonnes in July to 4,600 tonnes in August, according to the International Lead & Zinc Study Group (ILZSG).

Oct 12, 2017 09:04

Industry

ILZSG: Global Lead Supply Deficit Narrows in August

Operating Rates at China Lead-Acid Battery Plants Fall YoY So Far in 2017

Overall operating rates at domestic lead-acid battery producers during the first seven months of 2017 fell on a yearly basis, according to SMM data.

Sep 15, 2017 16:01

SMM Insight

Operating Rates at China Lead-Acid Battery Plants Fall YoY So Far in 2017

China Refined Lead Supply to Fall in 2017, SMM Foresees, Supporting Price in 2H 2017

China’s primary lead output is estimated to fall in 2017, but secondary lead output is likely to grow, SMM lead analyst predicts at the 2017 SMM Secondary Lead-acid Battery Summit.

Sep 15, 2017 14:24

Industry

China Refined Lead Supply to Fall in 2017, SMM Foresees, Supporting Price in 2H 2017

Venezuela to Abandon US Dollar in Favor of Yuan and Others

Venezuela will turn itself away from US dollar to a basket of other currencies, including the Chinese yuan, the country’s President Nicolas Maduro said on Thursday.

Sep 8, 2017 11:24

Industry

Venezuela to Abandon US Dollar in Favor of Yuan and Others

Chinese Yuan Rises for 7 Days on End against US Dollar

The central parity of the yuan rose 298 to 6.5370 on Tuesday, the highest from May 18, 2016, compared to 6.5668 on Monday.

Sep 5, 2017 10:30

Industry

Chinese Yuan Rises for 7 Days on End against US Dollar

Zijin Mining Net Profit Shoots up in First Half on Well-behaved Metals

Zijin Mining Co.’s net profit belonging to listed shareholders jumped 179% on a yearly basis to 1.5 billion yuan in the first half of 2017, according to its earnings reported.

Jul 21, 2017 11:53

Industry Reminder

Zijin Mining Net Profit Shoots up in First Half on Well-behaved Metals

Volcan Looks for Copper Mine M & A Chance

Volcan is looking for M & A chance of copper mines to diversify its business, wenhua.com reported.

Jun 7, 2017 10:24

Industry Reminder

Volcan Looks for Copper Mine M & A Chance

Mexico Releases Major Metals Output in February, Copper Output Rose 13.3%

National Statistics Institute reported Mexican copper output increased 13.3% year-on-year to 42,533 tonnes in February, and lead production fell 9.2% year-on-year to 15,467 tonnes, wenhua.com reported

May 2, 2017 14:57

Industry

Mexico Releases Major Metals Output in February, Copper Output Rose 13.3%

Gold Prices Reflect Recent US Dollar Weakness

For the second consecutive day, gold prices have moved moderately higher, trading to an intraday high of $1243.70, this basis the April futures contract.

Feb 17, 2017 14:36

Industry

Gold Prices Reflect Recent US Dollar Weakness

SMM Events & Webinars

All

Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  London , the United Kingdom
Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Stainless Steel Industry Conference 2025
  Oct 20 - 21,2025
  Xiamen, China

SMM Morning Review - 2010/3/19 Lead Market

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025