SMM Lead Market Daily Review (2015-3-17)

Published: Mar 18, 2015 09:34

Save

The most active SHFE lead contract prices started at RMB 12,260/mt for night session on Monday and fell to RMB 12,200/mt following a climb to RMB 12,280/mt.

SHANGHAI, Mar. 18 (SMM) – The most active SHFE lead contract prices started at RMB 12,260/mt for night session on Monday and fell to RMB 12,200/mt following a climb to RMB 12,280/mt. The prices ended the session at RMB 12,205/mt, down by RMB 40/mt. Positions grew 4 to 16,556, and trading volumes were 936.

The May-delivery lead moved between RMB 12,200-12,220/mt Tuesday morning, but fell noticeably in the afternoon to end the daytime trading down RMB 80/mt at RMB 12,165/mt. Trading volumes were 3,610 lots, and positions declined 372 to 16,180.

Goods of Chihong Zn & Ge was offered at RMB 12,350/mt on Tuesday, a premium of RMB 130/mt to SHFE 1505 lead contract prices. Chengyuan and Nanfang were quoted at RMB 12,320/mt. Humon and Shuangyan brands were quoted at RMB 12,280-12,300/mt. Suppliers from lead smelters remained limited. In downstream markets, SMM understood that electric bike battery sales improved.

SHFE lead spot lead prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

14 hours ago

"Fluctuating Copper Prices and Tight Supply Squeeze Secondary Copper Industry, Pressuring Upstream and Downstream"

This week, against the backdrop of fluctuating upward copper prices, the secondary copper industry chain showed a complex situation in which extremely tight upstream raw material supply coexisted with persistent negative margins for downstream finished products. In the secondary copper rod market, SMM data showed that the operating rate fell further to 5.45% this week, down 0.38 percentage points MoM and 25.43 percentage points YoY

14 hours ago

Apr 3, 2026 19:10

Chile's Water Crisis Threatens Atacama's Copper and Lithium Mining Amid 14-Year Drought

Chile’s most pressing crisis at present is the issue of water resources. The Atacama Desert in Chile is one of the driest regions in the world and also the core area for copper and lithium ore extraction. The local area has experienced a drought for as long as 14 years, and reservoir storage has fallen to only about 30%. For miners, water resources are not a secondary issue, but an indispensable key production factor in such processes as ore processing, dust suppression, and equipment cooling. The decline in ore grade has further exacerbated the predicament

Apr 3, 2026 19:10

Apr 3, 2026 19:09

Trump Adjusts Metal Tariffs, Applies 50% Rate to Consumer Prices Under Section 232, Details Unclear

US President Trump adjusted the national security tariffs on imports of steel, aluminum, and copper, lowering the tariff rates on derivative products made from these metals, streamlining compliance procedures, and preventing the declared value of imports from being understated.A senior Trump administration official said that, under a proclamation signed by Trump, the US would continue to maintain a 50% import tariff on imports of metal commodities such as steel, aluminum, and copper pursuant to Section 232 of the Trade Act of 1974, but would apply this rate to the price paid by US consumers. It is currently unclear how the selling price—and the resulting tariffs—would be determined.

Apr 3, 2026 19:09