Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
[Pb] SMM Morning Review - 2009/8/19 Lead Market
SHANGHAI, Aug. 19 (SMM) -- Weak US housing starts weighed on LME lead prices around USD 1,800/mt, but rising stock markets and investor expectation on strong metal demand helped support LME lead prices to remain at USD 1,800/mt and above. Technically, LME lead prices are expected to find support around USD 1,780/mt.
On Tuesday, the US stocks closed at rise due to positive earnings from two retailers, and Dow Jones index grew by 0.9%. In currency market, the US dollar weakened. COMEX Gold closed at USD 939.2/oz, up USD 3.4/oz, and silver prices closed at USD 13.995/oz, down Cents 1.5/oz. NYMEX crude oil futures prices closed at USD 69.19/barrel, up USD 2.44/barrel.
Lead prices are expected to move in the RMB 13,450-13,500/mt range in domestic spot market.
Copyright © 2009, CBI (Shanghai) Co., Ltd. All Rights Reserved.
None of this material may be used for any commercial or public use in any form or means, without the prior written consent of CBI China. For reproduction issue, please contact us by email: metalresearch@cbichina.com or tel:86-21-51550040
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
SMM Events & Webinars
All- Sep15
NET ZERO CHINA Field Trip
Sep 15 - 19,2025中国
- Sep16
SMM Indonesia Seminar: Li-ion Battery & Energy Storage
Sep 16 - 16,2025Jakarta, Indonesia
- Sep26
2025 ASIA BATTERY MATERIAL COOPERATION SALON
Sep 26 - 26,2025Time：9.26 2025 Place：Seoul， South KoreaSeoul， South Korea
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 © 2025 SMM Information & Technology Co., Ltd. All rights reserved.
