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 - 2012/7/2 Lead Market

SMM Morning Review - 2012/7/2 Lead Market

iconJul 2, 2012 09:31
Source:SMM
LME lead prices overnight rallied after opening at USD 1,770/mt and closed at USD 1,875/mt.

SHANGHAI, Jul. 2 (SMM) – Last Friday, EU leaders agreed to provide EUR 120-130 billion to boost economic growth and to directly inject capital to Spanish banking system, and decided to take measures to cut down bond yields in Spain and Italy. LME lead prices, boosted by the beyond-expected result of EU summit, rallied after opening at USD 1,770/mt and closed at USD 1,875/mt, up USD 107/mt or up 6.05%, presenting the largest gain among all base metals

The US dollar index slumped 1.39% to 81.58, while COMEX silver for September delivery closed at USD 27.6/oz, up USD 1.32/oz or 5.02%.

SHFE lead prices are expected to test RMB 15,000/mt on Monday, with spot lead expected to be traded between RMB 14,850-15,000.

LME lead
lead price
SHFE lead

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.NEV Magnet Wire Industry Opportunity Discovery
2.Copper Substitution Market Study-Consumer Durables
3.Copper Substitution Market Study-Construction
4.Copper Substitution Market Study-Power Distribution
5.Copper Substitution Market Study-Power Transmission
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.