Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
DashboardDatabaseProReportsEventsConsulting
Download our mobile app to
your devices
SMM Daily Review - 2012/5/23 Lead Market
May 24, 2012 08:55Source:SMM
On Wednesday, SHFE lead prices opened RMB 50/mt lower at RMB 15,100/mt and moved weakly between RMB 15,120-15,150/mt.
SHANGHAI, May 24 (SMM) – On Wednesday, SHFE lead prices opened RMB 50/mt lower at RMB 15,100/mt and moved weakly between RMB 15,120-15,150/mt. In the afternoon, SHFE lead prices fell along with LME lead prices to RMB 15,050-15,100/mt, and closed the day at RMB 15,075/mt, down RMB 135/mt. Trading volumes were down 52 lots to 204 lots, while positions increased to 1,740 lots, up 36 lots.
In domestic spot markets, Chihong Zn & Ge was initially quoted around RMB 15,300/mt, with premiums of RMB 150/mt over the most active SHFE lead price, but quotations were lowered to RMB 15,250/mt along with the falling SHFE lead prices in the afternoon. Shuikoushan was quoted at around RMB 15,200/mt, while offers for Shenqian were at RMB 15,170/mt. Trading remained unimproved.
SHFE lead
lead price
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
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
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
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 Events & Webinars
All- Oct08
2nd Li-ion Battery Europe 2024
Oct 08 - 10,2024THE EGG BRUSSELS, BELGIUM
- Jun24
2024 Global Renewable Metal Industry Chain Summit
Jun 24 - 25,2024To foster international cooperation and dialogue among industry colleaguesKuala Lumpur , Malaysia
- Jun18
2024 ASEAN Automotive Supply Chain
Jun 18 - 19,2024Pattaya,Thailand
Shanghai Metals Market
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.
