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Home / Metal News / SMM Brief on SHFE Lead Futures (2013-6-5)

SMM Brief on SHFE Lead Futures (2013-6-5)

Jun 5, 2013 17:04

Source:SMM

The most active SHFE 1307 lead contract price opened RMB 75/mt higher at RMB 14,165/mt on June 5 due to rising LME lead prices.

SHANGHAI, Jun. 5 (SMM) – The most active SHFE 1307 lead contract price opened RMB 75/mt higher at RMB 14,165/mt on June 5 due to rising LME lead prices, and hovered below RMB 14,160/mt with few economic data reported. In the afternoon trading session, as the Shanghai Composite Index stopped falling and regained some losses and LME lead prices continued to rally, SHFE 1307 lead contract price rose to move around RMB 14,170/mt and ended at RMB 14,195/mt, up RMB 95/mt. Market was overtaken by wait-and-see sentiment. Trading volumes fell 362 lots to 256 lots, and positions fell 10 lots to 1,812 lots.

SHFE lead price

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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

SMM Comments

SHFE Lead Closes at RMB 18,235/mt (Oct. 26, 2015)

SHFE 1512 lead started at RMB 13,280/mt last Friday night and dived to RMB 13,175/mt due to firmer dollar.

Oct 26, 2015 19:05

SMM Comments

SHFE Lead Ends up RMB 100/mt (Oct. 23, 2015)

SHFE 1512 lead started at RMB 13,290/mt on Thursday night and drifted higher to RMB 13,385/mt.

Oct 23, 2015 17:19

SMM Comments

SMM Lead Market Daily Review (2015-10-21)

For night trading Tuesday, SHFE 1512 lead opened at RMB 13,460/mt and moved in a tight range of RMB 13,430-13,485/mt before ending at RMB 13,465/mt.

Oct 22, 2015 08:58

SMM Comments

SHFE Lead Closes down RMB 265/mt (Oct. 21, 2015)

For night trading Tuesday, SHFE 1512 lead opened at RMB 13,460/mt and moved in a tight range of RMB 13,430-13,485/mt.

Oct 21, 2015 17:24

SMM Comments

SMM Lead Market Daily Review (2015-10-15)

SHFE 1512 lead followed LME lead up to RMB 13,645/mt after opening Wednesday evening session at RMB 13,580/mt.

Oct 16, 2015 09:04

SMM Comments

SMM Lead Market Morning Review (2015-10-15)

LME lead started at USD 1,777/mt overnight and moved around USD 1,770/mt during Asian trading hours.

Oct 15, 2015 09:19

SMM Comments

SMM Lead Market Morning Review (2015-10-14)

LME lead started at USD 1,800/mt on Tuesday and then headed for losses amid overall bearish sentiment.

Oct 14, 2015 09:24

SMM Comments

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

SHFE 1512 lead gapped lower at RMB 13,300/mt for night trading Thursday and then moved narrowly in RMB 13,280-13,325/mt.

Oct 10, 2015 08:59

SMM Comments

Ample Supply to Pressure Shanghai Spot Lead Prices, SMM

Ample supply in Shanghai spot lead market will leave local lead prices weak at 13,500-13,700 yuan per tonne next week, SMM lead research team says.

Jun 5, 2015 15:17

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SMM Brief on SHFE Lead Futures (2013-6-5)

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