Non-ferrous
PriceNewsPublicationDatabaseEventsConsultingNon-ferrous
Base metals
Minor metals
Precious metals
Scrap metals
Rare earth
News
SMM Morning Review - 2011/10/11 Lead Market
Oct 11,2011 09:59
CSTprice review forecast
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 Frank LIU at liuxiaolei@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
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 10:02CSTSHFE Lead to Remain on the Upward Track (2016-9-2)
LME lead is predicted to range between USD 1,930-1,950/mt on Friday and SHFE 1610 lead to move at RMB 14,400-14,600/mt.
Sep 2, 2016 10:05CSTSHFE 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 17:44CSTSHFE 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 17:11CSTSHFE Lead Ends Higher (2016-7-29)
SHFE 1609 lead started at RMB 13,675/mt and then rose to previous level of RMB 13,750/mt. The contract ended at RMB 13,775/mt, up RMB 85/mt or 0.62%.
Jul 29, 2016 17:42CSTMOST POPULAR
smm insight
feature
China Metals Market
Back to old version
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
Copyright © 2020 SMM Information & Technology Co, Ltd. All rights reserved.