Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / SHFE 1506 Lead down RMB 80/mt on Reduced Positions (Apr. 21, 2015)

SHFE 1506 Lead down RMB 80/mt on Reduced Positions (Apr. 21, 2015)

Apr 21, 2015 17:17

Source:SMM

SHFE 1506 lead, the most active contract, hit a high of RMB 13,645/mt Monday evening session and ended at RMB 13,475/mt, down RMB 80/mt.

SHANGHAI, Apr. 21(SMM) - SHFE 1506 lead, the most active contract, hit a high of RMB 13,645/mt Monday evening session and ended at RMB 13,475/mt, down RMB 80/mt.

The June delivery lead edged up to RMB 13,500/mt and ended at RMB 13,475/mt on Tuesday, down RMB 80/mt as some investors booked profits. Trading volumes totaled 9,088 lots and positions fell 886 to 15,672. SMM/LME lead price ratio rebounded to 6.7 due to tight supply in China’s spot lead market and growing electric vehicle battery prices.

lead

China lead price forecast

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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news

SMM Morning Comments (Feb 11): Base Metals Mostly Closed with Gains amid Higher Inflation

Shanghai base metals mostly closed with gains on Thursday night. LME metals performed similarly on Thursday.

time

Feb 11, 2022 10:12

SMM Morning Comments (Feb 11): Base Metals Mostly Closed with Gains amid Higher Inflation

SMM Morning Comments (Dec 22): Base Metals Mostly Closed with Gains Overnight on Stronger Market Confidence

Shanghai base metals mostly went up on Wednesday morning after the market confidence was boosted by the expectations of effective vaccines against COVID-19 variant Omicron overnight. Meanwhile, their counterparts on LME mostly went downward.

time

Dec 22, 2021 09:58

SMM Morning Comments (Dec 22): Base Metals Mostly Closed with Gains Overnight on Stronger Market Confidence

SMM Evening Comments (Dec 1): Shanghai Nonferrous Metals Closed Mixed amid Hawkish Rhetoric from US Fed and Positive China PMI

Shanghai nonferrous metals closed with mixed performance as the hawkish rhetoric from US Federal Reserve Chair Powell supressed the market, while the November Caixin PMI in China was relatively positive than before.

time

Dec 1, 2021 19:00

SMM Evening Comments (Dec 1): Shanghai Nonferrous Metals Closed Mixed amid Hawkish Rhetoric from US Fed and Positive China PMI

Lead Ingot Social Inventory Down 4,300 mt over Weekend

The social inventory of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin decreased 4,300 mt from November 26 and 19,500 mt from November 22 to 134,900 mt as of November 29.

time

Nov 29, 2021 14:42

Lead Ingot Social Inventory Down 4,300 mt over Weekend

SMM Morning Comments (Nov 29): Base Metal Closed with Losses after Discovery of New COVID-19 Variant

Shanghai base metals basically trended lower on Monday morning amid risk aversion sentiments after the discovery of a super strong variant of COVID-19 was discover last Friday. Meanwhile, their counterparts on LME all cruised higher.

time

Nov 29, 2021 09:59

SMM Morning Comments (Nov 29): Base Metal Closed with Losses after Discovery of New COVID-19 Variant

Lead Ingot Social Inventory Down 20,300 mt on Week

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin decreased 20,300 mt from November 19 and 15,200 mt from November 22 to 139,200 mt as of November 26.

time

Nov 26, 2021 16:25

Lead Ingot Social Inventory Down 20,300 mt on Week

SMM Evening Comments (Nov 23): Shanghai Nonferrous Metals Closed Mixed with Zinc Outperforming the Board

Shanghai nonferrous metals closed with mixed performance. Zinc surged amid supply fears after Glencore said that it is shutting down some zinc production capacity in Europe due to high energy prices, and the steeply rising ferrous products also boosted the SHFE board.

time

Nov 23, 2021 19:00

SMM Evening Comments (Nov 23): Shanghai Nonferrous Metals Closed Mixed with Zinc Outperforming the Board

SMM Evening Comments (Nov 8): Shanghai Nonferrous Metals Closed with Mixed Performance after Moving in Narrow Rangebound

Shanghai nonferrous metals closed with mixed performance as the market was generally quiet today, and the broad sector moved in narrow rangebound.

time

Nov 8, 2021 19:00

SMM Evening Comments (Nov 8): Shanghai Nonferrous Metals Closed with Mixed Performance after Moving in Narrow Rangebound

China Weekly Inventory Summary and Data Wrap (Nov 5)

This is a roundup of China's metals weekly inventory as of November 5.

time

Nov 5, 2021 18:15

China Weekly Inventory Summary and Data Wrap (Nov 5)

SMM Morning Comments (Oct 28): Base Metals Fell across the board under Government Curb on Coal Prices

Shanghai base metals all trended downward after opening on Thursday morning amid risk aversion sentiments and China’s curb on the coal prices. Meanwhile, their counterparts on LME all went down.

time

Oct 28, 2021 10:03

SMM Morning Comments (Oct 28): Base Metals Fell across the board under Government Curb on Coal Prices

SMM Events & Webinars

Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  London , the United Kingdom
Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025
  Oct 20 - 21,2025
  Xiamen, China

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4. China Scrap Steel Quality Analysis

5.China Scrap Steel Cost Curve

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.