Feb 02 2009
Professionals Commentary to lead price
Re-dollar weakness and China lead battery the market rebounded strongly, with incentive-lun of lead in 1650 U.S. dollars all the way to the low buying prices rose above 1850 U.S. dollars, the maximum reach 1932 U.S. dollars, by the 60-day moving average of repression and suppression of profit-taking , Fallon lead to active range of 1750-1900 dollars. The recent steady decline in LME inventory report, has been reduced by a total of more than 1600 tons, the total inventory to return to 88,000 tons, and the write-off is still a substantial increase in receipts indicates that inventory will continue to decline, given a certain amount of lead-lun support force.
Last week, a strong lead rise price plunge down from week to week low of 16,800 yuan at 19,400 yuan a high improvement the weekend before the markets have been the performance of 500-600 million liters of water this week to close at 18,800 yuan a year, the market return premium 200 per state. Sharp reduction in the size of the rapid increases of lead sony digital camera battery in August to become the characteristics of the city.
Battery is used for all the major sectors of lead, they are more receptive of the price element in the 17000-18000 range, and the smelter will of the ship in 18500-19500 yuan interval, the two sides to consider the respective costs are based on the scope can bear. So smelter agreement or refusal to lower sales, higher up the lower reaches of corporate coldly watching, outside the disk crash skyrocketing price of lead has also added a destabilizing factor. Judging from the current situation to ease the stalemate on the downstream, the price regression in upstream and downstream of the interval tends to agree with the location and rate both within and outside the amendment to 10 days will be more rational.nikon digital camera battery .