Home / Metal News / Copper / SMM Morning Review - 2010/6/21 Lead Market
SMM Morning Review - 2010/6/21 Lead Market
Jun 21,2010 09:23CST
smm insight
Source:SMM

SHANGHAI, June 21 (SMM) – Last Friday, LME lead prices continued to fluctuate, and dropped as low as USD 1,720/mt before ending at USD 1,745/mt. No major economic data will be available on Monday, and if the euro remains stable, LME lead prices will test USD 1,800/mt.

In neighboring markets, the euro fell slightly against the US dollar, but remained at a 3-week high. A gain of 2.1% over the past week was the best weekly performance of the euro since May 2009. The US dollar index closed at 85.564. Gold futures for August delivery ended at USD 1,258.30 per ounce, up USD 9.60. Silver futures for July delivery finished 40.80 cents higher at USD 19.184 per ounce.

Domestic lead market is expected to trade between RMB 14,250-14,450/mt on Monday.

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

 

Copyright © SMM. All Rights Reserved

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

copper Cu
copper price
gold
gold futures
LME market
silver
silver futures
US dollar
US dollar index

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

Related news