On January 14, the Lead Commodity Index was 90.68, 0.69 lower than that of yesterday, 32.33% lower than the peak of 134.01 in the cycle (Nov 29, 2016), and 21.51% higher than the lowest point of 74.63 (Mar 19, 2015). (Cycle: Sep 1, 2011 to date)
On the 14th, the US dollar index suddenly rose in the evening, once climbing to 97.574, the US dollar was up 0.02% to 97.378, while WTI crude oil futures rose 0.15 USD, or 0.26%, to USD 58.23 per barrel in February. Brent crude oil futures for March rose 0.29 USD, or 0.45%, to USD 64.49 per barrel; the U.S. Department of Labor reported that the monthly rate of CPI in December increased by 0.2%, expected to increase by 0.3%, previous value increased by 0.3%; the monthly rate of core CPI increased by 0.1%, expected and previous value increased by 0.2%. In December, the CPI of the United States rose 2.3%, the highest since October 2018, with an expected and previous value growth of 2.1%; Comex gold futures in February fell about 0.4%, to USD 1,544.60 per ounce. In the LME market, the market is mixed, with LME lead up nearly 2%, LME aluminum up nearly 0.6%, LME copper up nearly 0.3%, LME tin up nearly 0.2%, LME zinc weak floating green, LME nickel down nearly 1.5%, domestic metals up and down each other, with Shanghai lead up nearly 0.7%, Shanghai copper up nearly 0.5%, Shanghai tin and screw up nearly 0.4%, Shanghai aluminum weak floating red, Shanghai zinc down nearly 0.1%, stainless steel down nearly 0.3%, and Shanghai nickel down nearly 1.6%.
Trend of LME lead:LME lead opened at USD 1,910 per ton overnight, and fluctuated narrowly to 1,915USD in Asia. Nonferrous metals rose as a whole in Europe. LME Lead rose to 1,955USD per ton, finally to 1,951USD per ton, up 1.96%, with 1,737 positions increased.
Trend of Shanghai lead: overnight, Shanghai lead opened at 14,895RMB/ton, with a maximum of 14,980RMB/ton, and finally reported at 14,960RMB/ton, up 0.37%.
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