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Home / Metal News / SHFE #1 Lead Price Movement on January 16

SHFE #1 Lead Price Movement on January 16

Jan 16, 2012 13:26

Source:SMM

SHFE lead prices moved around the moving averages after opening lower on Monday.

SHANGHAI, Jan. 16 (SMM) – SHFE lead prices moved around the moving averages after opening lower on Monday. In domestic spot markets, quotations for well-known brands such as Nanfang, Chihong Zn & Ge were between RMB 15,360-15,370/mt, close to the most active SHFE lead contract prices. Quotations were rarely reported in the market as downstream traders began their holiday. Transactions were rather quiet.

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The power rationing in Yunnan, Henan, and Hunan since July-August and the power rationing in Jiangxi and Guangxi in September are undoubtedly the current hot spots. According to a recent SMM survey, the power rationing in Jiangsu, Guangdong and other regions in China has continued. Since late September, the social inventory of lead ingots has declined due to the combined effects of losses, power rationing and environmental protection.

Oct 22, 2021 15:34

Analysis

Lead Price in Fourth Quarter Will Be Higher Than Third Quarter, to Meet Resistance in Medium and Long Term

LME Lead Price to Hover at Lows (2017-10-23)

LME lead will fluctuate at highs between USD 2,460-2,490/mt today.

Oct 23, 2017 09:38

SMM Comments

LME Lead Price to Hover at Lows (2017-10-23)

China Motive Battery Market Reports Tight Supply, and to Ease in Mid and Late June, SMM Reports

Motive battery supply is tight in China's market and will ease in mid and late June.

Jun 14, 2017 10:02

SMM Insight

China Motive Battery Market Reports Tight Supply, and to Ease in Mid and Late June, SMM Reports

LME Lead to Stay Range-Bound (2017-5-4)

LME lead will move at USD 2,170-2,225/mt on Thursday and SHFE 1706 lead will move above RMB 16,000/mt at RMB 16,000-16,400/mt.

May 4, 2017 09:37

SMM Comments

Average Operating Rate at 51 Chinese Battery Makers down to 62.12% in March, SMM Reports

Average operating rate at surveyed 51 Chinese lead-acid battery producers was 62.12% in March, up 3.35 percentage points MoM but down 4.41 percentage points YoY.

Apr 18, 2017 13:19

SMM Insight

Average Operating Rate at 51 Chinese Battery Makers down to 62.12% in March, SMM Reports

SHFE Lead Prices Up 1.02% (2017-1-16)

SHFE 1703 lead started at RMB 19,070/mt and finally closed at RMB 18,800/mt.

Jan 16, 2017 19:06

SMM Comments

SHFE Lead to Move Lower (2017-1-12)

LME lead is expected to range between USD 2,100-2,200/mt on Thursday and SHFE 1702 lead will move at RMB 18,000-19,000/mt .

Jan 12, 2017 09:34

SMM Comments

SHFE Lead Finishes with Gains (2017-1-11)

SHFE 1702 lead started at RMB 18,800/mt and finally ended at RMB 18,780/mt, up RMB 315/mt or 1.71%.

Jan 11, 2017 17:46

SMM Comments

SHFE Lead Finishes with Gains (2017-1-11)

LME Lead to Move in Tight Range (2017-1-6)

LME lead will range between USD 2,000-2,080/mt on Friday and SHFE 1702 lead is expected to move at RMB 17,400-18,200/mt.

Jan 6, 2017 09:50

SMM Comments

LME Lead to Move in Tight Range (2017-1-6)

China Lead Prices to Face Pains from Mounting Stocks, SMM Says

The lead prices in China may take a hit in the near future due to pile-up in stocks, Shanghai Metals Market expects.

Jun 20, 2016 16:50

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SHFE #1 Lead Price Movement on January 16

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