Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
[Pb] SMM Morning Review - 2009/11/4 Lead Market
SHANGHAI, Nov. 4 (SMM) -- LME lead prices reported a decline of USD 25/mt during the first two trading days of this week amid cautious market sentiment. Technically, LME lead prices will show positive performance in the short term, but will still face great pressure to break through the previous high level.
The US stock markets dropped, and Dow Jones index closed down 17.53 points; the US dollar continued to grow; COMEX gold prices soared to a new high of USD 1,088.5/oz, exceeding the previous high recorded on October 14th, due to the gold sell-off activities by IMF, and COMEX gold for December delivery closed at USD 1,084.9/oz, up USD 30.9/oz, and silver for December delivery closed at USD 17.18/oz, up Cents 70/oz. NYMEX crude oil for December delivery closed at USD 79.6/brarrel, up USD 1.47/barrel.
Domestic spot lead prices are expected to move in the RMB 115,600-5,700/mt range today.
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.
