Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / SMM Morning Review - 2011/10/11 Lead Market

SMM Morning Review - 2011/10/11 Lead Market

Oct 11, 2011 09:59

Source:SMM

LME lead prices overnight moved steadily between USD 1,950-1,980/mt.

SHANGHAI, Oct. 11 (SMM) – LME lead prices overnight moved steadily between USD 1,950-1,980/mt. Boosted by news that Germany and France will help resolve European debt crisis and restructure capital of the banking sector, the US dollar index plummeted, driving up LME lead prices to USD 2,006/mt, with prices finally closing at USD 1,996.5/mt, up USD 59.5/mt, or up 3%. LME lead prices should fluctuate around USD 2,000/mt level today.

The US dollar index closed at 77.65, down 1.4%.

SHFE lead prices should move between RMB 14,600-15,000/mt today, and domestic spot lead prices should be RMB 0-50/mt lower or RMB 0-50 higher than SHFE 1111 lead contract prices, moving between RMB 14,700-15,000/mt.

LME lead prices

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

Related news

SHFE Lead Closes Lower (2016-9-26)

SHFE 1611 lead started at RMB 14,445/mt and ended down RMB 110/mt or 0.76% at RMB 14,440/mt with a session high of RMB 14,525/mt and a session low of RMB 14,335/mt.

Sep 26, 2016 17:57

SMM Comments

SHFE Lead Sets for Losses (2016-9-26)

LME lead should move at USD 1,905-1,925/mt on Monday and SHFE 1611 lead is predicted to range between RMB 14,350-14,550/mt.

Sep 26, 2016 10:02

SMM Comments

SHFE Lead Prices Up 3.97% (2016-9-1)

SHFE 1610 lead started at RMB 13,965/mt and ended at RMB 14,420/mt, up RMB 550/mt or 3.97%.

Sep 1, 2016 17:44

SMM Comments

33% Market Players Negative Toward Lead Prices This Week, SMM Surveys

SMM survey of 30 Chinese lead smelters reveals that 33% of them see LME lead to drop below USD 1,843/mt this week and SHFE 1610 lead to fall below RMB 13,500/mt and test the 60-day moving average.

Aug 30, 2016 08:39

SMM Comments

SHFE Lead Prices Up 0.07% (2016-8-26)

SHFE 1610 lead started at RMB 13,945/mt and ended at RMB 13,960/mt, up RMB 10/mt or 0.07%.

Aug 26, 2016 17:11

SMM Comments

SHFE Lead to Outperform LME Lead (2016-2-22)

SHFE 1604 lead should outperform LME lead on Monday and will move between RMB 13,530-13,700/mt today.

Feb 22, 2016 09:48

SMM Comments

LME Lead to Stay Range-Bound (2016-2-16)

LME lead will move in a tight range of USD 1,820-1,850/mt during Asian trading hours Tuesday with support at the 5-day moving average.

Feb 16, 2016 09:47

SMM Comments

Shanghai Lead to Stay High (2016-2-2)

The market will lack important macroeconomic news today. LME lead is expected to remain high between USD 1,720-1,750/mt today.

Feb 2, 2016 10:12

SMM Comments

Shanghai Lead to Maintain Upward Momentum (2016-2-1)

Official and Caixin’s January PMI for China to be released today are expected to be lower than December’s.

Feb 1, 2016 09:58

SMM Comments

SMM Lead Market Morning Review (2015-5-28)

LME lead finished up USD 3.5/mt at USD 1,953/mt Wednesday night due to China’s better-than forecast economic indicators and eased Greece crisis.

May 28, 2015 10:33

SMM Comments

SMM Events & Webinars

All

Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  London , the United Kingdom
Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Stainless Steel Industry Conference 2025
  Oct 20 - 21,2025
  Xiamen, China

SMM Morning Review - 2011/10/11 Lead Market

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025