Metals News
[Pb] Summary - 2009/1/8 Lead Market
data analysis
Dec 7,2009

SHANGHAI,Jan. 8 (CBI China) -- The latest LME lead inventories increased by 150 mt. LME lead electronic trading fluctuated around USD 1,150/mt, with low market sentiment.

    Today, the domestic lead prices had a sign of decline, the spot transactions continued to decline, with the trading prices at RMB 12,000/mt at noon. The supply was limited, but the downstream was wait-and-see, and the producers were working on the completion of the orders they received previously, the lead prices are unlikely to decline sharply.

    In addition, today U.S. dollar against RMB is 6.8375.


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