Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

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

New Energy

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / SMM Morning Review - 2012/5/9 Lead Market

SMM Morning Review - 2012/5/9 Lead Market

May 9, 2012 09:28

Source:SMM

LME lead prices opened at USD 2,093/mt overnight and were dragged down after rising above USD 2,100/mt briefly.

SHANGHAI, May 9 (SMM) – LME lead prices, influenced by the uncertain Greek election and François Hollande’s opposition to tighter fiscal policy, opened at USD 2,093/mt overnight and were dragged down after rising above USD 2,100/mt briefly. LME lead prices finally ended at USD 2,086/mt, down USD 19/mt. Trading volumes were down 67 lots to 4,458 lots, while positions were up 702 lots to 119,000 lots. LME lead inventories fell 1,900 mt to 356,525 mt.

The US dollar index closed at 79.9, and COMEX silver for July delivery was down USD 0.6/oz to USD 29.5/oz, a decline of 1.99%.

On Wednesday, SHFE lead prices should be move between RMB 15,630-15,750/mt, while spot lead prices are expected to move in the RMB 15,500-15,650/mt range.

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

Macro Roundup (Sep 28)

This is a roundup of global macroeconomic news last night and what is expected today.

time

Sep 28, 2021 09:03

Macro Roundup (Sep 28)

Chilwee Group Announces Production Suspension for Upcoming Holiday

Domestic lead-acid battery producers have recently announced output cut plans for the upcoming 2017 Chinese National Day and Mid-Autumn holidays in early October.

time

Sep 27, 2017 09:37

Industry Reminder

Chilwee Group Announces Production Suspension for Upcoming Holiday

Higher Tax Squeezes Profits at China Lead-acid Battery Producers, SMM Reports

Domestic lead-acid battery producers face growing cost burdens in 2017, SMM lead analyst said 2017 SMM Secondary Lead-acid Battery Summit.

time

Sep 15, 2017 15:14

Higher Tax Squeezes Profits at China Lead-acid Battery Producers, SMM Reports

Venezuela to Abandon US Dollar in Favor of Yuan and Others

Venezuela will turn itself away from US dollar to a basket of other currencies, including the Chinese yuan, the country’s President Nicolas Maduro said on Thursday.

time

Sep 8, 2017 11:24

Venezuela to Abandon US Dollar in Favor of Yuan and Others

Chinese Yuan Rises for 7 Days on End against US Dollar

The central parity of the yuan rose 298 to 6.5370 on Tuesday, the highest from May 18, 2016, compared to 6.5668 on Monday.

time

Sep 5, 2017 10:30

Chinese Yuan Rises for 7 Days on End against US Dollar

Supply Shortage Constrains Secondary Lead Transaction in China, SMM Reports

Lead smelters sold goods actively, but tight supply restricted transaction.

time

Aug 24, 2017 16:54

Supply Shortage Constrains Secondary Lead Transaction in China, SMM Reports

Lead Spot Premiums Narrow amid Weaker SHFE 1710 Lead, SMM Reports

Cargo holders made firm offers in response to tight supply, and downstream producers increased inquiries.

time

Aug 24, 2017 14:07

Lead Spot Premiums Narrow amid Weaker SHFE 1710 Lead, SMM Reports

Lead Spot Transaction Improves after Price Drops, SMM Reports

Lead smelters made firm offers for spot goods on supply shortage, and downstream battery producers replenished stocks at low prices, improving transaction.

time

Aug 22, 2017 14:04

Lead Spot Transaction Improves after Price Drops, SMM Reports

LME Lead to Hover at Highs (2017-8-17)

LME lead will trade at USD 2,480-2,520/mt on Thursday and SHFE 1709 lead will fluctuate at RMB 20,000-20,400/mt.

time

Aug 17, 2017 09:28

LME Lead to Hover at Highs (2017-8-17)

LME Lead to Hover at Highs (2017-8-16)

LME lead will trade at USD 2,320-2,355/mt on Wednesday and SHFE 1709 lead will fluctuate at RMB 19,200-19,400/mt.

time

Aug 16, 2017 09:20

LME Lead to Hover at Highs (2017-8-16)

SMM Events & Webinars

Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia
Jun
18
- 2024 ASEAN Automotive Supply Chain
  Jun 18 - 19,2024
  Pattaya,Thailand

MOST POPULAR

1.Zinc Oxide Project Feasibility Analysis

2.Zinc Recovery Industry Study

3.Feasibility Study Of Investing a Lead-Zinc Ore Mining Smelting Project In Indonesia

4.Zinc Resources Industry Development Research

5.Zinc Industry Value Chain And Related 3 Hot Topics

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap

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.