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Home / Metal News / SHFE #1 Lead Price Movement (2013-3-7)

SHFE #1 Lead Price Movement (2013-3-7)

Mar 7, 2013 16:20

Source:SMM

SHFE lead prices fell nearly RMB 100/mt on March 7, dragging down prices for branded lead in China’s spot lead market.

SHANGHAI, Mar. 7 (SMM) – SHFE lead prices fell nearly RMB 100/mt on March 7, dragging down prices for branded lead in China’s spot lead market. Quotations for Chihong Zn & Ge and Nanfang were at RMB 14,560-14,570/mt, with spot discounts over the most active SHFE lead contract price at RMB 200/mt. Hanjiang was quoted at RMB 14,530-14,540/m. Goods holders still actively moved goods at low prices to consume inventories, while downstream buyers were reluctant to purchase due to bearish outlook, leaving transactions limited.

spot lead prices

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

Jun 30, 2015 09:20

SMM Comments

SMM Lead Market Daily Review (2015-6-1)

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

Jun 2, 2015 08:55

SMM Comments

SMM Expects Lead Prices to Decline in June on Growing Supply

Lead prices are set for a decline in June as lead supply will grow after smelters reopen, SMM predicts.

May 27, 2015 16:36

SMM Insight

SMM Lead Market Daily Review (2015-4-16)

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

SMM Comments

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.

Mar 11, 2015 09:00

SMM Comments

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

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

SMM Comments

SMM Lead Market Daily Review (2015-1-26)

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

SMM Comments

SMM Lead Market Morning Review (2015-1-20)

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

SMM Comments

SMM Lead Market Daily Review (2015-1-6)

Lead for March delivery on the Shanghai Futures Exchange, the most active contract, dipped as low as RMB 12,140/mt in Monday’s night session.

Jan 7, 2015 09:00

SMM Comments

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SHFE #1 Lead Price Movement (2013-3-7)

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