Download our mobile app to 
your devices
Android devicesiOS devices
Holiday Pricing ScheduleFREE TRIALCompliance CentreAbout UsContact Us
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceFinished SteelCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltTernary Precursor and MaterialAnode MaterialsChemical CompoundLithium-ion BatteryUsed Lithium-ion BatterySodium-ion BatteryHydrogen EnergyEnergy Storage
DashboardDatabaseProReportsEventsCar Insight
Home / Metal News / SMM Morning Review - 2012/3/28 Lead Market

SMM Morning Review - 2012/3/28 Lead Market

iconMar 28, 2012 09:17
Source:SMM
LME lead prices opened at USD 2,008/mt overnight due to a lack of momentum from substantial events.

SHANGHAI, Mar. 28 (SMM) – With the impact of Bernanke’s speech reducing, LME lead prices opened at USD 2,008/mt overnight due to a lack of momentum from substantial events. The US dollar index rose up, dragging LME lead prices down to touch a low of USD 1,976/mt. LME lead prices finally closed at USD 1,992/mt, down USD 14/mt. Trading volumes lowered by 112 lots to 4,530 lots, and positions increased by 3,375 lots to 121,000 lots. LME lead inventories rose further by 1,050 mt to 377,225 mt.

The US dollar index closed at 79.1. COMEX 5 month silver closed at USD 32.6/oz, down USD 0.15/oz.

On Wednesday, SHFE lead prices should move between RMB 15,550-15,800/mt, and domestic spot prices are expected to be between RMB 15,650-15,750/mt.

LME lead
lead price
US dollar
COMEX silver

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All
MOST POPULAR
1.Benchmarking Analysis Of the Development  Direction Of MHP And Nickel Matte
2.Technical Due Diligence Survey Of Nickel Product Unit
3.Long-term Price Forecast Of Nickel Industry
4.Feasibility Study Of Nickel Industry Investment
5.Indonesia Ni Industry Analysis
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
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
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.