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Home / Metal News / SMM Brief Review - 2012/7/4 SHFE Lead Futures

SMM Brief Review - 2012/7/4 SHFE Lead Futures

Jul 4, 2012 16:30

Source:SMM

On Wednesday, SHFE 1210 lead contract price opened at around RMB 15,000/mt and fluctuated down to RMB 14,835/mt since investors were not interested in buying.

SHANGHAI, Jul. 4 (SMM) – On Wednesday, SHFE 1210 lead contract price opened at around RMB 15,000/mt and fluctuated down to RMB 14,835/mt since investors were not interested in buying. In the afternoon, SHFE lead prices stopped falling influenced by domestic stocks and finally closed at RMB 14,950/mt, down RMB 20/mt from the previous trading day. Trading volumes were up 286 lots to 576 lots, and positions were up 64 lots to 1,946 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

Chilwee Group Announces Production Suspension for Upcoming Holiday

Higher Tax Squeezes Profits at China Lead-acid Battery Producers, SMM Reports

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

Sep 15, 2017 15:14

SMM Insight

Higher Tax Squeezes Profits at China Lead-acid Battery Producers, SMM Reports

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 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 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)

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SMM Brief Review - 2012/7/4 SHFE Lead Futures

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