SunSirs--China Commodity Data Group

Language

日本語

한국어

русский

deutsch

français

español

Português

عربي

türk

中文

Sign In

Join Now

Contact Us

Home > Lead ingot News > News Detail
Lead ingot News
SunSirs: London Lead and Shanghai Lead Closed up at Night
September 16 2020 07:45:56SunSirs(Linda)

On September 14, the BPI of the Commodity Price Index was 782 points, an increase of 2 points from September 13, and a decrease of 23.26% from the cycle's highest point of 1,019 points (2012-04-10), and the lowest from February 03, 2016 660 points increased by 18.48%. (Note: Period refers to 2011-12-01 till now).

The lead commodity index on September 14 was 91.38, a decrease of 0.15 points from September 13, a decrease of 31.81% from the cycle high of 134.01 points (2016-11-29), and a decrease of 31.81% from the lowest point of 74.63 points on March 19, 2015 An increase of 22.44%. (Note: Period refers to 2011-09-01 to present).

Fundamentally, in late New York trading, the U.S. dollar index fell 0.21% to 93.586; offshore renminbi rose 0.35% to the U.S. dollar, and USDCNH reported 6.8085; statistics from the Bureau of Statistics showed that in August, the sales prices of newly built commercial residential buildings in first-tier, second-tier, and third-tier cities rose respectively from the previous month. 0.6%, 0.6%, 1.0%, up 3.9%, 5.0%, 4.5% year-on-year; Russian Ministry of Economic Development predicts that the economy will shrink by 3.9% in 2020, expected -4.8%; crude oil market: crude oil yesterday (as of September 15 Beijing time At 3 o'clock in the morning) Spot Brent closed at $38.395 per barrel, down $0.65 from the previous trading day, or 1.66%. WTI closed at US$37.56 per barrel, a decrease of US$0.09 or 0.24% from the previous trading day. Last night, LME’s outer metal was all online, LME copper rose 0.96%, LME aluminum rose 1.52%, LME zinc rose 0.34%, LME nickel rose 1.03%, LME tin rose 0.78%, LME lead rose 1.72%; domestic futures market prices rose, Shanghai Copper rose 0.23%, Shanghai aluminum rose 0.76%, Shanghai zinc rose 0.51%, Shanghai lead rose 1.07%, Shanghai nickel rose 0.95%, Shanghai tin fell 0.19%, thread rose 0.14%, and stainless steel rose 0.77%.

LME lead trend: LME lead opened overnight at US$1889.5/ton, the lowest was US$1884/ton, the highest was US$1930/ton, and it closed at US$1924/ton, up US$32.5/ton, or 1.72; 3,818 lots were traded.
Shanghai lead trend: The main domestic night trading Shanghai lead 2010 contract opened 15,090 yuan/ton, the lowest was 14,940 yuan/ton, the highest was 15,100 yuan/ton, and it closed at 15,095 yuan/ton, up 160 yuan/ton, or 1.07%. 15,070 lots were traded.

Last night, the LME lead rose, and the domestic futures market followed the rise. Today's market price followed the rise. The pre-holiday stocking sentiment was strong. It is expected that the spot lead price will be boosted by pre-holiday stocking in the near future, and the price is mainly stable and strong.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

【Copyright Notice】In the spirit of openness and inclusiveness of the Internet, SunSirs welcomes all media and institutions to reprint and quote our original content. If reprinted, please mark the source SunSirs.

Exchange Rate:

8 Industries
Energy
Chemical
Rubber & Plastics
Textile
Non-ferrous Metals
Steel
Building Materials
Agricultural & Sideline Products