SMM Lead Market Daily Review (2015-5-8)

Published: May 11, 2015 10:05

Save

SHFE 1507 lead moved higher to RMB 13,580/mt Friday on expectation for pro-growth measures and ended the day at RMB 13,560/mt.

SHANGHAI, May 9 (SMM) – SHFE 1507 lead moved higher to RMB 13,580/mt Friday on expectation for pro-growth measures and ended the day at RMB 13,560/mt, falling RMB 90/mt, or 0.66%. Trading volumes were down 4,830 to 8,424 lots whereas positions climbed 20 to 15,468.

In spot lead market, quotes were RMB 13,750/mt for Chengyuan, Shuangyan (packed in plastic) and Tongguan brands, with premiums of RMB 200-250/mt to SHFE 1507 lead contract prices. Shuangyan (packed in iron) quoted at RMB 13,700/mt. Honglu brand was offered at premiums of RMB 100-120/mt to SHFE 1506 lead contract prices. Some traders started moving goods considering high premiums. Downstream producers bought in small amounts before the weekend. Supply remained tight in Henan province, with branded lead offered at RMB 13,800/mt. Trades were robust in Jiangxi.

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

Feb 6, 2026 16:14

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

Feb 6, 2026 16:14

Feb 6, 2026 11:59

The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend [SMM Tin Midday Review]

[SMM Tin Midday Review: The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend]

Feb 6, 2026 11:59

Feb 6, 2026 08:49

The most-traded SHFE tin contract fluctuated rangebound during the night session, with downstream enterprises mostly following up with small-lot transactions. [SMM Tin Morning Brief]

[SMM Tin Morning Brief: The Most-Traded SHFE Tin Contract Fluctuated Rangebound During the Night Session, Downstream Enterprises Mostly Followed Up with Small-Lot Transactions]

Feb 6, 2026 08:49