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Home / Metal News / SHFE #1 Lead Price Movement (2013-3-8)

SHFE #1 Lead Price Movement (2013-3-8)

Mar 8, 2013 14:38

Source:SMM

Spot lead prices in China edged up along with SHFE lead prices March 8.

SHANGHAI, Mar. 8 (SMM) – Spot lead prices in China edged up along with SHFE lead prices March 8. Quotations for Chihong Zn & Ge were firm due to tight supplies, and a few goods were traded at RMB 14,610/mt, with spot discounts over the most active SHFE lead contract price remaining at RMB 200/mt. Nanfang was quoted at RMB 14,570-14,580/mt, while Hanjiang was quoted at RMB 14,530/mt. Downstream buyers purchased at low prices, while smelters were reluctant to move goods due to low prices. Some traders replenished stocks modestly, believing lead prices were already low.

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 (2013-3-8)

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

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