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Home / Metal News / #1 Lead Price Movement in Shanghai Market (2013-4-24)

#1 Lead Price Movement in Shanghai Market (2013-4-24)

Apr 24, 2013 14:33

Source:SMM

SHFE lead prices opened higher on Wednesday but lacked upward momentum, while spot lead prices moved up RMB 50-80/mt.

SHANGHAI, Apr. 24 (SMM) – SHFE lead prices opened higher on Wednesday but lacked upward momentum, while spot lead prices moved up RMB 50-80/mt. Chihong Zn & Ge was quoted at RMB 13,730/mt, with spot discount of RMB 40/mt over the SHFE 1306 lead contract price. Nanfang and Jinli were offered at RMB 13,700/mt. Market players remained bearish despite the slight rebound, leaving trading unimproved.

spot lead price

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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

SMM Comments

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

SMM Comments

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

SMM Comments

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

SMM Comments

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

SMM Comments

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

SMM Comments

SMM Lead Market Daily Review (2015-8-27)

SHFE 1510 lead gapped lower at RMB 13,145/mt for night trading Wednesday and then ranged between RMB 13,115-13,275/mt.

Aug 28, 2015 08:42

SMM Comments

SMM Lead Market Daily Review (2015-8-21)

SHFE 1510 lead started Thursday evening session at RMB 13,475/mt and extended day trading rising momentum to RMB 13,860/mt.

Aug 24, 2015 08:59

SMM Comments

SMM Lead Market Daily Review (2015-8-20)

SHFE 1510 lead started at RMB 13,300/mt and once drifted higher to RMB 13,375/mt.

Aug 21, 2015 08:49

SMM Comments

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

SMM Comments

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#1 Lead Price Movement in Shanghai Market (2013-4-24)

SMM Events & Webinars

2nd Li-ion Battery Europe 2024

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