SMM Brief Review - 2011/12/7 SHFE Lead Futures_SMM

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Home / Metal News / Precious Metals / SMM Brief Review - 2011/12/7 SHFE Lead Futures

SMM Brief Review - 2011/12/7 SHFE Lead Futures

Dec 7,2011 16:23

CST

smm insight

Source:SMM

On Wednesday, SHFE lead prices opened RMB 150/mt at RMB 15,750/mt and market was sluggish in general.

SHANGHAI, Dec. 7 (SMM) – On Wednesday, SHFE lead prices opened RMB 150/mt at RMB 15,750/mt and market was sluggish in general. Later, SHFE lead prices moved narrowly between RMB 15,680-15,730/mt and edged up at the tail of trading due to the rise in LME lead prices, and finally closed at RMB 15,795/mt, up RMB 200/mt, or 1.28%. Trading volumes increased by 176 lots to 496 lots, and positions decreased by 200 lots to 2,114 lots.

SHFE lead prices

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Lead price in China’s market has been rising since the beginning of 2016, and SHFE 1612 lead, the most active one, advanced to its daily upward limit on Oct. 25, the highest level since October 16, 20

Oct 25, 2016 15:50

CST

smm insight

SHFE Lead to Remain on the Upward Track (2016-9-2)

LME lead is predicted to range between USD 1,930-1,950/mt on Friday and SHFE 1610 lead to move at RMB 14,400-14,600/mt.

Sep 2, 2016 10:05

CST

price review & forecast

SHFE Lead Prices Up 3.97% (2016-9-1)

SHFE 1610 lead started at RMB 13,965/mt and ended at RMB 14,420/mt, up RMB 550/mt or 3.97%.

Sep 1, 2016 17:44

CST

price review & forecast

33% Market Players Negative Toward Lead Prices This Week, SMM Surveys

SMM survey of 30 Chinese lead smelters reveals that 33% of them see LME lead to drop below USD 1,843/mt this week and SHFE 1610 lead to fall below RMB 13,500/mt and test the 60-day moving average.

Aug 30, 2016 08:39

CST

price review & forecast

SHFE Lead Prices Up 0.07% (2016-8-26)

SHFE 1610 lead started at RMB 13,945/mt and ended at RMB 13,960/mt, up RMB 10/mt or 0.07%.

Aug 26, 2016 17:11

CST

price review & forecast

SHFE Lead Prices Up 0.36% (2016-8-24)

SHFE 1610 lead started at RMB 13,970/mt and ended at RMB 13,965/mt, up RMB 50/mt or 0.36%.

Aug 24, 2016 16:50

CST

price review & forecast

17% China Lead Smelters Optimistic over Lead Prices This Week, SMM Surveys

SMM survey of 30 Chinese lead smelters reveals that 17% of them see LME lead to rise above the 5-day moving average and challenge USD 1,900/mt this week.

Aug 23, 2016 09:07

CST

price review & forecast

LME Lead to Stay Range-Bound (2016-8-19)

LME lead will narrowly range USD 1,885-1,905/mt during Asian trading hours Friday.

Aug 19, 2016 09:19

CST

price review & forecast

LME Lead to Stay Range-Bound (2016-8-18)

LME lead will range USD 1,865-1,885/mt during Asian trading hours Thursday with stronger dollar.

Aug 18, 2016 09:21

CST

price review & forecast

LME Lead to Ease from Softer Dollar (2016-7-28)

LME lead will range between USD 1,785-1,805/mt during Asian trading hours Thursday.

Jul 28, 2016 09:32

CST

price review & forecast

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