SunSirs: LME Lead Fell 1.68% on February 9
February 10 2020 13:34:54 SunSirs (Linda)
On February 9, the lead commodity index was 88.02, the same as that of yesterday, 34.32% lower than 134.01 (November 29, 2016), and 17.94% higher than 74.63, the lowest point on March 19, 2015. (Note: cycle refers to September 1, 2011 to now).
After January's quarter adjustment, the number of non-agricultural employment in the United States increased by 225,000, expected to reach 160,000, with the previous value of 145,000. The unemployment rate of the United States in January was 3.6%, 3.5% of the previous value and 3.5% of the expected value; the Minister of energy of Algeria: OPEC + Joint Technical Committee proposed to extend the current crude oil supply reduction plan to the end of 2020; the crude oil: Brent closed at $54.5, down 1.12%; WTI closed at $50.31, down 1.49%. Affected by this, LME metals fell generally, with LME copper down 1.52%, LME aluminum down 1.12%, LME zinc down 2.53%, LME nickel down 2.06%, LME tin down 2.43%, LME lead down 1.68%; night trading was suspended in the domestic market.Trend of Shanghai lead: domestic market suspended night trading.
Trend of LME lead: last week, LME lead opened at $1,847 per ton, which rose to $1,854.5 per ton ton in Asian trading period, then fell back, and continued to decline in European period. The low point once reached $1,811.5 per ton, and finally reached $1,816 per ton, down 1.68%.
Trend of Shanghai lead: domestic market suspended night trading.
The price index curve of lead (market) monitored by the data of SunSirs is as follows:
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