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Home / Metal News / SHFE #1 Lead Price Movement (2012-11-28)

SHFE #1 Lead Price Movement (2012-11-28)

Nov 28, 2012 15:59

Source:SMM

SHFE lead prices hovered around the 5-day moving average Wednesday, and spot lead prices remained weak as cargo holders were forced to lower prices to generate cash flows.

SHANGHAI, Nov. 28 (SMM) – SHFE lead prices hovered around the 5-day moving average Wednesday, and spot lead prices remained weak as cargo holders were forced to lower prices to generate cash flows against the pale demand. 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 and Dongling were between RMB 14,770-14,790/mt, while prices for Shenqian were cut to RMB 14,730/mt.

lead prices in China

spot lead prices

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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

SMM Comments

SMM Lead Weekly Price Review and Forecast (May 11-15, 2015)

SHFE 1507 lead suffered a sell-off after climbing above RMB 14,000/mt. The contract later dropped back to RMB 13,500/mt as the SMM/LME lead price ratio slipped to 6.45.

May 11, 2015 18:05

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

SMM Comments

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

SMM Comments

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

SMM Comments

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

SMM Comments

SMM Lead Market Morning Review (2015-2-4)

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

SMM Comments

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

SMM Comments

SMM Lead Market Morning Review (2015-1-14)

LME lead is expected to move at USD 1,790-1,830/mt, while the most active SHFE 1503 lead contract is set to hover at RMB 11,950-12,150/mt on Wednesday.

Jan 14, 2015 10:09

SMM Comments

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SHFE #1 Lead Price Movement (2012-11-28)

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit