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Home / Metal News / SHFE #1 Lead Price Movement on December 30

SHFE #1 Lead Price Movement on December 30

Dec 30, 2011 13:26

SHFE lead prices opened higher on Friday.

SHANGHAI, Dec. 30 (SMM) – SHFE lead prices opened higher on Friday. Today is the last trading day of the year, with transactions quiet in domestic spot markets. Quotations for well-known brands such as Chengyuan and Yuguang were between RMB 15,230-15,250/mt. Quotations for other brands including lead from Mengzi were around RMB 15,200/mt. As most market players were in the face of cash flow problems at the year end, only a few buyers purchased on an as-needed basis.

SHFE #1 lead

lead prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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LME lead will move at USD 2,120-2,180/mt on Monday and SHFE 1706 lead is expected to fluctuate between RMB 15,700-16,250/mt.

Apr 24, 2017 09:12

SMM Comments

SHFE Lead to Remain Range-Bound (2017-4-24)

SHFE Lead Prices down 1.38% (2017-3-3)

SHFE 1704 lead opened at RMB 18,530/mt and ended at RMB 18,570/mt, down RMB 260/mt or 1.38%.

Mar 3, 2017 18:40

SMM Comments

SHFE Lead Ends with Losses (2017-2-22)

SHFE 1704 lead started at RMB 18,920/mt and closed at RMB 18,825/mt, down 315/mt or 1.65%.

Feb 22, 2017 16:15

SMM Comments

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

SMM Comments

SHFE Lead Prices Up 2.14% (2016-8-18)

SHFE 1609 lead started at RMB 13,615/mt and ended at RMB 13,840/mt, up RMB 290/mt or 2.14%.

Aug 18, 2016 17:38

SMM Comments

Heavy Rains Disrupt Production and Railway Transportation, SMM Reports

From late June, provinces, including Hubei, Anhui, Jiangsu, Jiangxi and Guangdong, are suffering from heavy rainfall. What’s impact from the rain on metals producers in those regions?

Jul 8, 2016 11:56

SMM Insight

LME Lead to Stay on Upside Track Next Week

LME lead will remain on the upside tract next week and should test resistance at $ 1,660 per tonne, SMM predicts.

Jan 22, 2016 15:13

SMM Insight

LME Lead to Hold above Moving Average (2016-1-22)

LME lead stays above the 5 and 10-day moving averages and should move between USD 1,620-1,650/mt during Asian trading hours Friday.

Jan 22, 2016 09:32

SMM Comments

SHFE 1506 Lead down RMB 140/mt (Apr. 23, 2015)

SHFE 1506 lead, the most active contract, rolled back Wednesday’s daytime gains at night and closed at RMB 13,610/mt, down RMB 20/mt , after hitting a high of RMB 13,730/mt.

Apr 23, 2015 17:27

SMM Comments

SHFE 1506 Lead Edges up RMB 5/mt (April 20, 2015)

The most active SHFE 1506 lead jumped to RMB 13,600/mt Monday from RMB 13,490/mt last Friday’s evening session.

Apr 20, 2015 17:28

SMM Comments

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SHFE #1 Lead Price Movement on December 30

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