Home / Metal News / Nickel / SMM Morning Review - 2011/9/21 Lead Market
SMM Morning Review - 2011/9/21 Lead Market
Sep 21,2011 10:04CST
price review forecast
Source:SMM
LME lead prices overnight plunged to USD 2,295/mt, and then rose as the US dollar index fell to 77.

SHANGHAI, Sept. 21 (SMM)--LME lead prices overnight plunged to USD 2,295/mt, and then rose as the US dollar index fell to 77. As results from the US Fed’s policy meeting became a focus of markets, LME lead prices moved steadily between USD 2,300-2,330/mt, closing at USD 2,308/mt. LME lead prices should fluctuate around the USD 2,300/mt mark today.

The US dollar index fell to close at 76.968.

Domestic spot lead prices should be between RMB 15,600-15,750/mt.
 

LME lead prices

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