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Home / Metal News / SMM Brief on SHFE Lead Futures (2013-2-8)

SMM Brief on SHFE Lead Futures (2013-2-8)

Feb 8, 2013 16:04

Source:SMM

SHFE lead prices finally stopped falling and began rallying during the last trading day before the Chinese New Year holiday, after the losing streak for four consecutive days.

SHANGHAI, Feb. 8 (SMM) – SHFE lead prices finally stopped falling and began rallying during the last trading day before the Chinese New Year holiday, after the losing streak for four consecutive days. SHFE lead prices marched higher after opening at RMB 15,350/mt, and basically pared the previous trading day's losses, but still with pressure at the 20-day moving average. SHFE lead prices ended at RMB 15,390/mt, a gain of RMB 45/mt. Trading volumes decreased 32 lots to 40 lots, while positions added 8 lots to 2,466 lots.

SHFE lead prices

SHFE lead positions

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SHFE 1511 lead once moved higher to RMB 13,245/mt after opening Monday evening session at RMB 13,190/mt.

Sep 22, 2015 17:21

SMM Comments

SMM Lead Market Daily Review (2015-9-18)

SHFE 1511 lead started at RMB 13,300/mt during Thursday evening and then increased, to close at RMB 1,360/mt, up by RMB 15/mt.

Sep 21, 2015 08:53

SMM Comments

SHFE 1508 Lead Gains RMB 120/mt at RMB 13,080/mt (Jun. 23, 2015)

SHFE 1508 lead opened at RMB 12,850/mt during Tuesday trading session.

Jun 23, 2015 17:39

SMM Comments

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.

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SMM Comments

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LME lead opened at USD 1,856.5/mt during Asian trading hours and edged down to USD 1,838/mt.

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SMM Comments

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Jun 12, 2015 18:22

SMM Comments

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SHFE 1508 copper contract prices started at RMB 43,320/mt for Tuesday’s night session and followed LME copper up to RMB 43,520/mt but met resistance at this level.

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SMM Comments

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LME lead started at USD 1,930.5/mt during Wednesday evening session and soared to USD 1,965/mt during European and US trading hours.

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SMM Comments

SHFE 1508 Lead Finishes up RMB 55/mt (Jun. 9, 2015)

SHFE 1508 lead opened at RMB 13,135/mt Monday evening session and advanced to RMB 13,260/mt, to close the session up RMB 40/mt at RMB 13,150/mt.

Jun 9, 2015 17:12

SMM Comments

SMM Base Metals Market Daily Review (2015-4-28)

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Apr 29, 2015 13:21

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SMM Brief on SHFE Lead Futures (2013-2-8)

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