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SunSirs: On the morning of March 24, LME Lead Fell 1.16% at Night

March 25 2020 09:24:34     SunSirs (Linda)

The BPI of the Commodity Price Index on March 23 was 743, a decrease of 8 points, which was 27.09% lower than the peak point of the cycle at 1,019 (April 01, 2012)0, and 660 points higher than the lowest point since February 03, 2016, up 12.58%. (Note: The period refers to December 1, 2011 to present).

The lead commodity index on March 23 was 81.63, which was the same as March 22, down 39.09% from the highest point of the cycle at 134.01 (November 29, 2016), and an increase of 9.38% from the low of 74.63 on March 19, 2015. (Note: Period refers to September 1, 2011 to present).

On the 23rd, the three major US stock indexes closed down across the board because the US Congress did not reach a second vote on the new stimulus policy. On Monday, Eastern time, the three major US stock indexes closed down collectively. At the close, the Dow fell nearly 600 points, or 3.04%, the Nasdaq fell 0.27%, and the S & P fell 2.93%. European stocks closed down collectively. As of the close, the British FTSE 100 index fell by 3.79%. The German DAX30 index fell 2.10%. The French CAC40 index fell by 3.32%; international oil prices fell first and then rose. WTI May crude oil futures closed at 23.36 US dollars per barrel, an increase of 3.23%; Brent crude oil futures closed at 27.03 US dollars per barrel, an increase of 0.19%. Affected by this, LME Metal was green across the board, LME Copper fell 2.11%, LME Aluminum fell 1.08%, LME Zinc fell 1.46%, LME Nickel fell 3.66%, LME Tin fell 2.77%, LME Lead fell 1.60%; the domestic market, Shanghai Copper fell 4.39%, Shanghai Aluminum fell 5.42%, Shanghai Zinc fell 2.82%, Shanghai Lead fell 0.64%, Shanghai Nickel fell 4.10%, Shanghai Tin fell 6.19%, Thread fell 2.38%, and Stainless Steel fell 1.54%.

LME lead trend: LME lead opened at US $ 1,929.5 / ton overnight. It reached US $ 1,649.5 / ton during the Asian session and US $ 1,580 / ton during the European session. After a slight recovery, it finally closed at US $ 1,616 / ton, a 1.16% decrease.

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