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Home / Metal News / SHFE #1 Lead Price Movement (2012-10-29)

SHFE #1 Lead Price Movement (2012-10-29)

Oct 29, 2012 17:36

Source:SMM

SHFE lead prices continued to fall after opening lower on October 29, and in China’s spot lead market, cargo holders cut prices for sales as the month came to an end.

SHANGHAI, Oct. 29 (SMM) – SHFE lead prices continued to fall after opening lower on October 29, and in China’s spot lead market, cargo holders cut prices for sales as the month came to an end. Nanfang and Chihong Zn & Ge were mainly traded at RMB 15,000-15,020/mt, with spot discounts over the most active SHFE lead contract price at RMB 160/mt. Dongling and Mengzi were offered at RMB 14,970-14,980/mt. Quotations for Shenqian were lowered to RMB 14,900/mt. However, trading was light due to low buying interest and pessimistic mood among downstream enterprises.

spot lead prices

lead prices in China

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The most active contract touched a low of RMB 13,020/mt after opening last Friday evening session at RMB 13,080/mt.

Jun 30, 2015 09:20

SMM Comments

SMM Lead Market Daily Review (2015-6-1)

SHFE 1507 lead followed LME lead down RMB 145/mt to end at RMB13,235/mt during night session Friday.

Jun 2, 2015 08:55

SMM Comments

SMM Expects Lead Prices to Decline in June on Growing Supply

Lead prices are set for a decline in June as lead supply will grow after smelters reopen, SMM predicts.

May 27, 2015 16:36

SMM Insight

SMM Lead Market Daily Review (2015-4-16)

The most active SHFE 1506 lead opened at RMB 13,150/mt, then hitting a high of RMB 13,325/mt for growing long positions.

Apr 17, 2015 09:34

SMM Comments

SMM Lead Market Daily Review (2015-3-10)

Lead for May delivery on the Shanghai Futures Exchange, the most active contract, opened at RMB 12,245/mt and then fluctuated between RMB 12,270-12,300/mt.

Mar 11, 2015 09:00

SMM Comments

SMM Lead Weekly Price Review and Forecast (Mar. 9-13, 2015)

Last week, lead for May delivery on the Shanghai Futures Exchange, the most active contract, followed LME lead up to hold flat with the week.

Mar 10, 2015 09:32

SMM Comments

SMM Lead Market Daily Review (2015-1-26)

Lead for March delivery on the Shanghai Futures Exchange, the most active contract, closed down RMB 130/mt at RMB 12,395/mt in last Friday’s night session.

Jan 27, 2015 09:02

SMM Comments

SMM Lead Market Morning Review (2015-1-20)

LME lead is set to hover at USD 1,830-1,870/mt, while the most active SHFE 1503 lead contract is expected to move at RMB 12,300-12,500/mt on Tuesday.

Jan 20, 2015 10:01

SMM Comments

SMM Lead Market Morning Review (2015-1-13)

As such, LME lead is set to hover at USD 1,840-1,870/mt on Tuesday, while the most active SHFE 1503 lead contract is expected to move at RMB 12,160-12,360/mt.

Jan 13, 2015 09:53

SMM Comments

SMM Lead Market Daily Review (2015-1-6)

Lead for March delivery on the Shanghai Futures Exchange, the most active contract, dipped as low as RMB 12,140/mt in Monday’s night session.

Jan 7, 2015 09:00

SMM Comments

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SHFE #1 Lead Price Movement (2012-10-29)

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