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Home / Metal News / SMM Brief Review - 2011/11/28 SHFE Lead Futures

SMM Brief Review - 2011/11/28 SHFE Lead Futures

Nov 28, 2011 16:22

Source:SMM

SHFE 1201 lead contract prices opened about RMB 300/mt higher at RMB 15,270/mt on Monday.

SHANGHAI, Nov. 28 (SMM) – SHFE 1201 lead contract prices opened about RMB 300/mt higher at RMB 15,270/mt on Monday with the rise of LME lead prices resulted from European countries’ bailout efforts, and got support at 10 and 20-day moving averages. Prices then moved between RMB 15,380-15,480/mt and finally closed at 15,420/mt, up RMB 270/mt, or 1.78%. Trading volumes decreased slightly by 46 lots to 632 lots, and positions decreased by 88 lots to 2,346 lots.

SHFE lead

lead price

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Domestic lead-acid battery producers have recently announced output cut plans for the upcoming 2017 Chinese National Day and Mid-Autumn holidays in early October.

Sep 27, 2017 09:37

Industry Reminder

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Domestic lead-acid battery producers face growing cost burdens in 2017, SMM lead analyst said 2017 SMM Secondary Lead-acid Battery Summit.

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SHFE Lead Ends Higher (2017-3-13)

SHFE 1704 lead opened at RMB 17,945/mt and ended at RMB 18,160/mt, up RMB 335/mt or 1.88%.

Mar 13, 2017 17:41

SMM Comments

LME Lead to Remain Tight Range (2017-3-8)

LME lead is expected to trade at USD 2,200-2,250/mt and SHFE 1704 lead will move between RMB 17,500-18,200/mt.

Mar 8, 2017 09:59

SMM Comments

LME Lead to Remain Tight Range (2017-3-8)

LME Lead to Move in a Tight Range (2017-3-7)

LME lead will trade at USD 2,200-2,260/mt on Tuesday and SHFE 1704 lead will move at RMB 17,800-18,450/mt.

Mar 7, 2017 09:56

SMM Comments

LME Lead to Move in a Tight Range (2017-3-7)

SHFE Lead Hardly to Rally with Nearing of 2017 Chinese New Year, SMM Expects

SHFE lead prices dropped on January 17 after one-week fluctuation. On January 17, SHFE 1703 lead dropped RMB 735/mt or 3.88% as of 14:32.

Jan 18, 2017 13:51

SMM Insight Industry

SHFE Lead Hardly to Rally with Nearing of 2017 Chinese New Year, SMM Expects

SHFE Lead to See Range-Bound Trading (2016-12-21)

LME lead is expected to move at USD 2,150-2,250/mt on Wednesday and SHFE 1702 lead will range between RMB 18,000-19,000/mt.

Dec 21, 2016 10:09

SMM Comments

SHFE Lead to See Range-Bound Trading (2016-12-21)

SHFE Lead to Move Lower (2016-12-19)

LME lead will move at USD 2,200-2,280/mt on Monday and SHFE 1702 lead is expected to move between RMB 19,000-19,500/mt.

Dec 19, 2016 10:15

SMM Comments

SHFE Lead Prices down 2.25% (2016-12-9)

SHFE 1702 lead opened at RMB 20,415/mt and finally closed at RMB 20,465/mt, down RMB 470/mt or 2.25%.

Dec 9, 2016 20:36

SMM Comments

SHFE Lead Prices down 7.02% (2016-11-30)

SHFE 1701 lead opened at RMB 21,190/mt and finally ended at RMB 20,670/mt, down RMB 1,560/mt or 7.02%.

Nov 30, 2016 16:24

SMM Comments

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SMM Brief Review - 2011/11/28 SHFE Lead Futures

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit