Tag Archive | "market"

China’s H2 lead demand to drive up higher car sales

Wednesday, April 8, 2009

As per sources at smelter and battery makers, higher vehicle sales may drive up second-half demand for lead in China, the world’s top lead and automobile market. Tang Chenghe, chairman of smelter Anyang Yubei Gold and Lead stated: There will be a gap between the car sales and demand for lead. (The demand) would be [...]

Lead and zinc positioned for recovery

Monday, April 6, 2009

By Leia Michele Toovey- Exclusive to Lead Investing News As the global economy arguably trots down the path to a recovery, the metals are diverging in prices due to differences in their fundamental dynamics.  Lead was the second-best performer of the LME metals last quarter, coming in a few percentage points behind copper. Lead gained [...]

Fed announcement spurs zinc, bypasses lead

Sunday, March 22, 2009

By Leia Michele Toovey- Exclusive to Lead Investing News The Fed’s announcement to purchase treasuries sent lead and zinc on their largest ascent in two months. Fed officials voted on March 18 to buy Treasury and mortgage bonds in an effort to revive America’s economy, lifting stocks as well as commodities. Copper, zinc and aluminum [...]

Lead and zinc fundamentals diverge

Sunday, March 8, 2009

By Leia Michele Toovey- Exclusive to Lead Investing News Lead and zinc prices both started 2009 strongly, but as the year has progressed lead’s better near term fundamentals have led it to continue as the more robust of the two metals. Zinc stocks on the London Metal Exchange have consistently risen; through the month of [...]

Market sentiment wins in price tug-of-war

Monday, March 2, 2009

By Leia Michele Toovey- Exclusive to Lead Investing News Positive sentiment that spread through the markets during the week edged up most of the base metals. The U.K. benchmark FTSE 100 Index jumped 0.9 per cent and Japan’s Nikkei 225 Stock Average closed 2.7 per cent higher in Tokyo.  Pessimistic data still came out of [...]

China dominates but US market rules

Monday, February 16, 2009

China had dominated the metals market agenda the previous week but last week all eyes were on the world’s largest economy, the United States. For full story, click here

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