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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 (2015-6-29)

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

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

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May 27, 2015 16:36

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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

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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.

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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

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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

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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

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

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