SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance Centre
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceCokeCoalPig IronSteel BilletFinished Steel
New Energy
New Energy
SolarLithiumCobaltCathode MaterialPhosphorusCarbon AnodeSeparatorElectrolyteBattery Cell And ModuleBattery RecyclingNickel And ManganeseOther MaterialsSodium-ion BatteryHydrogen Energy
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / SMM Morning Review - 2011/3/8 Lead Market

SMM Morning Review - 2011/3/8 Lead Market

iconMar 8, 2011 09:29
Source:SMM

SHANGHAI, Mar.8 (SMM) – On Monday, crude oil prices rose due to exacerbated tensions in Libya, meanwhile, Moody’s revised down Greece’s rate from BA1 to B1. Dragged by the geopolitics unrest, investors sold out base metals for rise aversion, leaving LME lead prices to fall by USD 74/mt and close at USD 2,580/mt. SMM expects recent negative factors may weigh down LME lead prices at around RMB 2,560/mt in the short term.

In neighboring markets, the US dollar index settled at 76.511, up 0.102, due to growing rise-aversion sentiment from economic concerns. 

SMM expects transactions in domestic lead markets to be made between RMB 17,400-17,550/mt on Tuesday.   


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

 


lead Pb

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

SMM Events & Webinars

All
MOST POPULAR
1.NEV Magnet Wire Industry Opportunity Discovery
2.Copper Substitution Market Study-Consumer Durables
3.Copper Substitution Market Study-Construction
4.Copper Substitution Market Study-Power Distribution
5.Copper Substitution Market Study-Power Transmission
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.