SMM Morning Review - 2010/8/25 Lead Market_SMM

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Home / Metal News / Aluminium / SMM Morning Review - 2010/8/25 Lead Market

SMM Morning Review - 2010/8/25 Lead Market

Aug 25, 2010 10:42

CST

Source:SMM

SHANGHAI, Aug. 25 (SMM) -- Base metal prices ended with losses due to disappointing home sales data released on Tuesday. LME lead prices fell to test USD 2,000/mt and finally closed at USD 2,010/mt. The US dollar closed at 83.320, further weighing LME lead prices.

It is expected that China’s domestic lead traded prices will move around RMB 15,800/mt.

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