Metals News
SMM Morning Review - 2012/1/19 Lead Market
smm insight

SHANGHAI, Jan. 19 (SMM) – LME lead prices overnight opened at USD 2,092/mt and climbed. As Greece was reported to reach agreement with private creditor ahead of this weekend, boosting optimism over its debt negotiation, non-US currencies increased, while LME lead prices rose to hit USD 2,144/mt, and finally closed at USD 2,138/mt, up USD 34/mt, or 1.62%.

The US dollar index fluctuated down to close at 80.49, and COMEX silver closed at USD 30.5/oz, up 1.21%.

On Thursday, SHEF lead prices may move between RMB 15,700-16,000/mt. In China’s domestic spot market, transactions will remain quiet, and quotations should be between RMB 15,700-15,850/mt.

LME lead
lead Pb
US dollar
COMEX silver
For queries, please contact Frank LIU at
For more information on how to access our research reports, please email
Related Price

No Data