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Home / Metal News / #1 Lead Price Movement in Shanghai Market (2013-6-27)

#1 Lead Price Movement in Shanghai Market (2013-6-27)

Jun 27, 2013 14:42

Source:SMM

Price gap for difference brands in China’s spot lead prices narrowed on Thursday.

SHANGHAI, Jun. 27 (SMM) – Price gap for difference brands in China’s spot lead prices narrowed on Thursday, with prices of Nanfang, Shuikoushan, Mengzi, and Hanjiang between RMB 13,740-13,750/mt, with discount against the SHFE 1309 lead contract price expanding to RMB 150/mt. Lead from Jiangxi Copper was quoted RMB 15/mt lower at RMB 13,725/mt. Traders were more pessimistic to lead market as downstream buyers remained unwilling to purchase, and smelters under financial pressure still moved goods normally.

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

SMM Comments

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

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 Morning Review (2015-9-15)

LME lead touched a low of USD 1,663/mt after opening at USD 1,696.5/mt on Monday, to close at USD 1,669/mt.

Sep 15, 2015 09:32

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 (2015-8-19)

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

SMM Lead Market Daily Review (2015-5-25)

SHFE 1507 lead opened at RMB 13,270/mt last Friday evening and touched a low of RMB 13,180/mt, to end down RMB 135/mt at RMB 13,220/mt.

May 26, 2015 08:54

SMM Comments

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#1 Lead Price Movement in Shanghai Market (2013-6-27)

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