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[Pb] SMM Morning Review - 2009/11/9 Lead Market
SHANGHAI, Nov. 9 (SMM) -- LME lead prices closed below USD 2,260/mt due to higher unemployment rate in the US. Lead prices will remain weak with the absence of positive market fundamentals.
The US dollar index closed at 75.784. COMEX gold for December delivery closed at USD 1095.7/oz, up USD 6.4/oz, and silver for December delivery closed at USD 17.375/oz, down Cents 3.5/oz.
Domestic spot lead prices are expected to move around RMB 15,500/mt today.
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