#1 Lead Price Movement in Shanghai Market (2013-4-11)_SMM

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Home / Metal News / Zinc / #1 Lead Price Movement in Shanghai Market (2013-4-11)

#1 Lead Price Movement in Shanghai Market (2013-4-11)

Apr 11,2013 14:34

CST

smm insight

Source:SMM

SHFE lead prices drifted down RMB 20/mt on Thursday, and spot lead prices also fell.

SHANGHAI, Apr. 11 (SMM) – SHFE lead prices drifted down RMB 20/mt on Thursday, and spot lead prices also fell. Chihong Zn & Ge and Nanfang were quoted at RMB 14,250/mt, with spot discounts of RMB 210/mt against the most active SHFE lead contract price. YT lead was offered at RMB 14,200/mt. Most investors believe lead prices will unlikely pick up in the short term. Both buyers and suppliers were on the sidelines, leaving trading muted.

spot lead price

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SHFE 1601 lead started Tuesday night session at RMB 12,330/mt and then traced LME lead up to RMB 12,385/mt.

Nov 19, 2015 09:32 timezone

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SMM Lead Market Daily Review (2015-11-17)

SHFE 1601 lead opened lower at RMB 12,495/mt and closed down RMB 225/mt or 1.78% at RMB 12,395/mt.

Nov 18, 2015 08:54 timezone

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SMM Lead Market Daily Review (2015-10-30)

SHFE 1512 lead started at RMB 13,300/mt for night trading Thursday and then moved higher to RMB 13,360/mt.

Nov 2, 2015 09:20 timezone

CST

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SMM Lead Market Daily Review (2015-10-16)

SHFE 1512 lead started below the 5-day moving average at RMB 13,555/mt on Thursday night and dived to RMB 13,455/mt responding to LME lead.

Oct 19, 2015 09:28 timezone

CST

price review & forecast

SMM Lead Market Daily Review (2015-9-16)

SHFE 1511 lead started at RMB 13,210/mt during Tuesday evening session and then followed LME lead up.

Sep 17, 2015 08:51 timezone

CST

price review & forecast

SMM Lead Market Daily Review (2015-9-14)

SHFE lead once rebounded to RMB 13,350/mt after the open of Monday trading session but then drifted down to RMB 13,290/mt.

Sep 15, 2015 08:47 timezone

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SMM Lead Market Daily Review (2015-9-10)

SHFE 1511 lead once drifted higher to RMB 13,410/mt after starting Wednesday evening session at RMB 13,320/mt.

Sep 11, 2015 08:48 timezone

CST

price review & forecast

SMM Lead Market Daily Review (2015-8-31)

LME maker was closed on Monday and thus base metals posted large drops with exit of longs. SHFE 1510 lead dived to RMB 13,420/mt at one point but suffered sell-offs near session’s end.

Sep 1, 2015 08:48 timezone

CST

price review & forecast

SMM Lead Market Morning Review (2015-8-31)

Last Friday, commodity prices posted rises due to a two-day rally in Chinese stock market. LME lead started at USD 1,689/mt.

Aug 31, 2015 10:40 timezone

CST

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SMM Lead Market Daily Review (2015-8-19)

For night trading Tuesday, SHFE 1510 lead started at RMB 13,160/mt and once touched a low of RMB 13,025/mt.

Aug 20, 2015 09:02 timezone

CST

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