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 - 2012/5/24 Lead Market

SMM Morning Review - 2012/5/24 Lead Market

iconMay 24, 2012 10:07
Source:SMM
LME lead prices hit a low of USD 1,906/mt after opening at USD 1,945/mt since EU meeting made no substantial progress and the US dollar index rose above 82.

SHANGHAI, May 24 (SMM) – LME lead prices hit a low of USD 1,906/mt after opening at USD 1,945/mt since EU meeting made no substantial progress and the US dollar index rose above 82. However, as the existing home sales for April reached two-year high, LME lead prices stopped falling and finally closed at USD 1,933/mt. Trading volumes were up 1,005 lots to 5,087 lots, while positions were up 578 lots. LME lead inventories fell to 353,450 mt, down sharply by 3,850 mt.

The US dollar index closed at 82.14, while COMEX silver for July delivery was down USD 0.7/oz, or 2.84%, to USD 27.5/oz.

On Thursday, SHFE lead prices should be between RMB 15,000-15,200/mt, with spot lead prices expected between RMB 15,150-15,250/mt.

LME lead
lead price
COMEX silver
US dollar

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.China Lithium Market Dynamics and Lithium Procurement Study
2.Battery Recycling Technology Understanding
3.Solid State Battery Market
4. China Scrap Steel Quality Analysis
5.China Scrap Steel Cost Curve
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.