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Home / Metal News / #1 Lead Price Movement in Shanghai Market (2013-10-28)

#1 Lead Price Movement in Shanghai Market (2013-10-28)

Oct 28, 2013 13:40

Source:SMM

Spot lead prices remained stagnant on Monday despite satisfactory performance of SHFE lead prices.

SHANGHAI, Oct. 28 (SMM) – Spot lead prices remained stagnant on Monday despite satisfactory performance of SHFE lead prices. Quotes for Nanfang were RMB 14,300/mt, a discount of RMB 140/mt against the most active SHFE lead contract price. Mengzi was traded at RMB 14,270/mt, and Humon’s resources were sold at RMB 14,180/mt. Spot market has remained weak last week, but trading was even lighter on Monday as rising SHFE lead prices fueled wait-and-see sentiment among downstream buyers.

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 (2015-10-9)

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

SMM Lead Market Daily Review (2015-9-18)

SHFE 1511 lead started at RMB 13,300/mt during Thursday evening and then increased, to close at RMB 1,360/mt, up by RMB 15/mt.

Sep 21, 2015 08:53

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 (2015-8-21)

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 (2015-8-19)

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 (2013-10-28)

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

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