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Home / Metal News / SMM Brief on SHFE Lead Futures (2013-3-1)

SMM Brief on SHFE Lead Futures (2013-3-1)

Mar 1, 2013 16:25

Source:SMM

SHFE lead prices gapped lower at RMB 14,890/mt on March 1 due to slipping LME lead prices and moved around moving averages in the morning

SHANGHAI, Mar. 1 (SMM) – SHFE lead prices gapped lower at RMB 14,890/mt on March 1 due to slipping LME lead prices and moved around moving averages in the morning. In the afternoon, SHFE lead prices fell to RMB 14,840/mt as Shanghai Composite Index weakened and as LME lead prices fell. Prices finally closed at RMB 14,860/mt, down RMB 130/mt. Trading volumes increased 234 lots to 382 lots, while positions were down 132 lots to 1,992 lots.

SHFE lead prices

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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.

Jun 18, 2015 09:02

SMM Comments

SMM Lead Market Morning Review (2015-6-16)

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

Jun 16, 2015 09:43

SMM Comments

SHFE 1508 Lead Loses RMB 390/mt (Jun. 12, 2015)

SHFE 1508 lead started Thursday evening at RMB 13,135/mt and dived to RMB 12,890/mt, to end at RMB 12,915/mt, down RMB 310/mt.

Jun 12, 2015 18:22

SMM Comments

SMM Base Metals Market Daily Review (2015-6-10)

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.

Jun 11, 2015 10:12

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.

Jun 11, 2015 10:08

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)

The SHFE 1507 copper contract dropped after starting Tuesday’s daytime trading, dipping to RMB 43,570/mt, but stabilized in the afternoon and hover around RMB 43,700/mt.

Apr 29, 2015 13:21

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