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Home / Metal News / SHFE #1 Lead Price Movement (2013-3-11)

SHFE #1 Lead Price Movement (2013-3-11)

Mar 11, 2013 20:04

Source:SMM

In China’s spot lead market, spot discounts over the most active SHFE lead contract price narrowed to RMB 130/mt on March 11.

SHANGHAI, Mar. 11 (SMM) – In China’s spot lead market, spot discounts over the most active SHFE lead contract price narrowed to RMB 130/mt on March 11 with the approach of the delivery date. Quotations for Chihong Zn & Ge were at RMB 14,640/mt, while Nanfang was quoted at RMB 14,580/mt. Tongguan and Shuikoushan were quoted at RMB 14,650/mt. Downstream buyers purchased as needed while smelters were still unwilling to move goods, leaving trading muted.

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 (2013-3-11)

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