SunSirs: LME Lead Rose 1.15%
February 07 2020 14:25:25 SunSirs (Linda)
On February 6, the lead commodity index was 88.09, down 0.69 points from yesterday, 34.27% from 134.01 (November 29, 2016), and 18.04% higher than 74.63, the lowest point on March 19, 2015. (Note: cycle refers to September 1, 2011 to now).
On February 6, the Tariff Commission of the State Council issued a notice that since 13:01 on February 14, 2020, for the goods that have been subject to 10% tariff since September 1, 2019, the additional tax rate will be adjusted to 5%; for the goods that have been subject to 5% tariff, the additional tax rate will be adjusted to 2.5%; for crude oil, Brent closed at US $55.15, down 0.77%; and WTI closed at US $51.1, down 0.16%. Affected by this, most metals in LME rose, with copper up 0.37%, aluminum up 0.9%, zinc down 0.38%, nickel down 0.83%, tin up 1.12%, lead up 1.15%; night trading was suspended in Chinese domestic market.
Trend of LME lead: Lund lead started at 1,829 US dollars/ton. In Asia, LME lead basically operated at 1,840 US dollars in a narrow range. In Europe, it recovered from the bottom. At one time, the high level reached 1,864 US dollars/ton, and finally reached 1,847 US dollars/ton, up 1.15%.
Trend of Shanghai lead: domestic market suspended night trading.
The curve of tin commodity price index monitored by the data of SunSirs is as follows:
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