Lead market report September 2011
2011-10-10 09:16:56 【Print】
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The Euro zone debt crisis, which had last for about 18 months, deteriorated in September, triggering more concerns and a panic sell-off from investors. All the base metals, silver and gold dived during the month. The lead prices plummeted from about USD2,600/t to USD1,900/t in September and hit the 13-month low. Most Chinese lead producers suffered, due to the low lead price, sluggish demand, the shortage of liquidity and power supply and the weakening sentiment among participants dampened by the spreading Euro zone debt crisis.
