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Home / Metal News / SMM Brief on SHFE Lead Futures (2013-11-6)

SMM Brief on SHFE Lead Futures (2013-11-6)

Nov 6, 2013 17:19

Source:SMM

The most active SHFE lead contract prices opened at RMB 14,350/mt on Wednesday.

SHANGHAI, Nov. 6 (SMM) – The most active SHFE lead contract prices opened at RMB 14,350/mt on Wednesday. The prices then moved between RMB 14,310-14,320/mt with market awaiting US nonfarm payroll data. SHFE lead for December delivery rose RMB 10/mt after midday driven by buying support, but trading activity was not brisk, with the prices finally closing at RMB 14,330/mt, little changed from a day earlier. Given resistance at several moving averages, any price increase will depend on important positive reports. Traded volumes declined by 340 lots to 744 lots, and open interest fell 526 lots to 9,766 lots.

SHFE lead prices

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SHFE 1511 lead once moved higher to RMB 13,245/mt after opening Monday evening session at RMB 13,190/mt.

Sep 22, 2015 17:21

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

SHFE 1508 Lead Gains RMB 120/mt at RMB 13,080/mt (Jun. 23, 2015)

SHFE 1508 lead opened at RMB 12,850/mt during Tuesday trading session.

Jun 23, 2015 17:39

SMM Comments

SMM Lead Market Daily Review (2015-6-17)

SHFE 1508 lead opened Tuesday evening session at RMB 12,720/mt and hovered between RMB 12,720-12,780/mt, to close at RMB 12,730/mt.

Jun 18, 2015 09:02

SMM Comments

SMM Lead Market Morning Review (2015-6-16)

LME lead opened at USD 1,856.5/mt during Asian trading hours and edged down to USD 1,838/mt.

Jun 16, 2015 09:43

SMM Comments

SHFE 1508 Lead Loses RMB 390/mt (Jun. 12, 2015)

SHFE 1508 lead started Thursday evening at RMB 13,135/mt and dived to RMB 12,890/mt, to end at RMB 12,915/mt, down RMB 310/mt.

Jun 12, 2015 18:22

SMM Comments

SMM Base Metals Market Daily Review (2015-6-10)

SHFE 1508 copper contract prices started at RMB 43,320/mt for Tuesday’s night session and followed LME copper up to RMB 43,520/mt but met resistance at this level.

Jun 11, 2015 10:12

SMM Comments

SMM Lead Market Morning Review (2015-6-11)

LME lead started at USD 1,930.5/mt during Wednesday evening session and soared to USD 1,965/mt during European and US trading hours.

Jun 11, 2015 10:08

SMM Comments

SHFE 1508 Lead Finishes up RMB 55/mt (Jun. 9, 2015)

SHFE 1508 lead opened at RMB 13,135/mt Monday evening session and advanced to RMB 13,260/mt, to close the session up RMB 40/mt at RMB 13,150/mt.

Jun 9, 2015 17:12

SMM Comments

SMM Base Metals Market Daily Review (2015-4-28)

The SHFE 1507 copper contract dropped after starting Tuesday’s daytime trading, dipping to RMB 43,570/mt, but stabilized in the afternoon and hover around RMB 43,700/mt.

Apr 29, 2015 13:21

SMM Comments

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SMM Brief on SHFE Lead Futures (2013-11-6)

SMM Events & Webinars

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