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Home / Metal News / SHFE #1 Lead Price Movement (2012-11-27)

SHFE #1 Lead Price Movement (2012-11-27)

Nov 27, 2012 16:31

Source:SMM

Downstream buying interest in China’s spot lead market was further dampened Tuesday.

SHANGHAI, Nov. 27 (SMM) – SHFE lead prices fluctuated down after opening Tuesday, undermining market confidence. Downstream buying interest in China’s spot lead market was further dampened. Chihong Zn & Ge was quoted at RMB 14,850/mt, with spot discounts of RMB 400/mt over the 1301 SHFE lead contract price, and Nanfang was quoted at RMB 14,810/mt. Quotations for Mengzi were RMB 14,780/mt. Transactions were weaker than the previous trading day.

spot lead market

spot lead prices

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Spot lead market is plagued by transport disruption recently in China’s Beijing, Liaoning, Henan and Hebei, hurt by rains, snows and fogs in those regions, SMM learns.

Nov 30, 2015 17:42

Industry

SMM Lead Market Daily Review (2015-6-17)

SHFE 1508 lead opened Tuesday evening session at RMB 12,720/mt and hovered between RMB 12,720-12,780/mt, to close at RMB 12,730/mt.

Jun 18, 2015 09:02

SMM Comments

SMM Lead Market Daily Review (2015-6-4)

SHFE 1508 lead started at RMB 13,110/mt during night session Wednesday and touched RMB 13,180/mt, to end down RMB 105/mt at RMB 13,070/mt as longs left market.

Jun 5, 2015 09:03

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SMM Lead Market Daily Review (2015-3-26)

SHFE 1505 lead contract prices opened at RMB 12,495/mt Wednesday evening, and climbed to RMB 12,540/mt, but inched lower to RMB 12,475/mt later on.

Mar 27, 2015 09:47

SMM Comments

SMM Lead Market Daily Review (2015-2-10)

Lead for April delivery on the Shanghai Futures Exchange, the most active contract edged down RMB 5/mt in Monday’s night session.

Feb 11, 2015 08:55

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

Lead for April delivery on the Shanghai Futures Exchange, the most active contract, fared better than LME lead.

Feb 10, 2015 09:55

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SMM Lead Market Daily Review (2015-2-9)

Lead for April delivery on the Shanghai Futures Exchange, the most active contract, opened at RMB 12,580/mt.

Feb 10, 2015 09:02

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SMM Lead Market Daily Review (2015-2-6)

Lead for April delivery on the Shanghai Futures Exchange, the most active contract, opened at RMB 12,520/mt.

Feb 9, 2015 09:32

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LME lead is set to continue testing support at the 20-day moving average and at USD 1,840-1,870/mt. The most active SHFE 1504 lead contract is expected to rise to RMB 12,500-12,650/mt.

Feb 4, 2015 09:52

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SMM Lead Market Daily Review (2015-1-21)

Lead for March delivery on the Shanghai Futures Exchange, the most active contract, started at RMB 12,555/mt.

Jan 22, 2015 08:48

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SHFE #1 Lead Price Movement (2012-11-27)

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

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