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Home / Metal News / SMM Daily Review - 2011/10/21 Lead Market

SMM Daily Review - 2011/10/21 Lead Market

Oct 24, 2011 09:09

Source:SMM

Last Friday, SHFE 1112 lead contract prices opened higher at RMB 13,850/mt, touching as high as RMB 14,600/mt at 2:00 pm.

SHAGNHAI, Oct. 24 (SMM) -- Last Friday, SHFE 1112 lead contract prices opened higher at RMB 13,850/mt, touching as high as RMB 14,600/mt at 2:00 pm. Finally, SHFE lead prices closed at RMB 14,235/mt, up RMB 380/mt, or up 2.9%. Trading volumes increased by 204 lots to 1,728 lots, and total positions increased by 100 lots to 2,354 lots.

In domestic spot markets, well-known brands such as Chihong Zn & Ge, Nanfang and Yubei were traded between RMB 14,350-14,400/mt, with premiums of RMB 120-180/mt against SHFE three-month lead contract prices. The market was cautious due to uncertainty of price trends, leaving transactions quiet.

SHFE lead prices

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SHFE 1510 lead opened at RMB 13,520/mt for night trading last Friday and once dipped to RMB 13,330/mt.

Aug 31, 2015 18:17

SMM Comments

SMM Lead Market Daily Review (2015-8-27)

SHFE 1510 lead gapped lower at RMB 13,145/mt for night trading Wednesday and then ranged between RMB 13,115-13,275/mt.

Aug 28, 2015 08:42

SMM Comments

SMM Lead Market Daily Review (2015-8-21)

SHFE 1510 lead started Thursday evening session at RMB 13,475/mt and extended day trading rising momentum to RMB 13,860/mt.

Aug 24, 2015 08:59

SMM Comments

SMM Lead Market Daily Review (2015-8-20)

SHFE 1510 lead started at RMB 13,300/mt and once drifted higher to RMB 13,375/mt.

Aug 21, 2015 08:49

SMM Comments

SHFE Lead Closes Up RMB 120/mt (Jan. 22, 2015)

Lead for March delivery on the Shanghai Futures Exchange, the most active contract, rallied to RMB 12,695/mt after opening at RMB 12,445/mt in Wednesday’s night session.

Jan 22, 2015 17:20

SMM Comments

SMM Base Metals Weekly Price Review and Forecast (Jan. 19-23, 2015)

Heavy selling led to significant fall across base metal markets last week.

Jan 20, 2015 11:18

SMM Comments

SMM Base Metals Market Daily Review (2015-1-13)

Copper for March delivery on the Shanghai Futures Exchange, the most active contract, started Monday’s night session at RMB 43,400/mt and later dipped to RMB 43,240/mt.

Jan 14, 2015 10:37

SMM Comments

SMM Base Metals Weekly Price Review and Forecast (Jan. 12-16, 2015)

Oil prices across the world fell further last week. Risks reemerged that Greece may exit the euro zone.

Jan 13, 2015 10:58

SMM Comments

SMM Base Metals Market Daily Review (2015-1-9)

Copper for March delivery on the Shanghai Futures Exchange, the most active contract, dipped to RMB 44,450/mt in Thursday’s night session.

Jan 12, 2015 10:01

SMM Comments

SHFE Lead Closes Up RMB 85/mt at RMB 12,380/mt (Jan. 7, 2015)

Lead for March delivery on the Shanghai Futures Exchange, the most active contract, rose above the 5-day and 10-day moving averages after opening Tuesday’s night session.

Jan 7, 2015 17:19

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SMM Daily Review - 2011/10/21 Lead Market

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