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Home / Metal News / SHFE 1507 Lead Ends down RMB 25/mt (May 27, 2015)

SHFE 1507 Lead Ends down RMB 25/mt (May 27, 2015)

May 27, 2015 17:49

Source:SMM

China’s April large manufacturers’ profits rose 2.6% YoY, boding well for SHFE 1507 lead.

SHANGHAI, May 27 (SMM) – China’s April large manufacturers’ profits rose 2.6% YoY, boding well for SHFE 1507 lead. The contract fluctuated between RMB 13,280-13,330/mt, to end down RMB 25/mt at RMB 13,310/mt. Positions of SHFE 1507 lead grew 930.

lead prices

SHFE 1507 lead

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Eyes should be on US dollar index on Wednesday. LME lead will move at USD 2,140-2,180/mt on Wednesday and SHFE 1706 lead will fluctuate between RMB 15,800-16,350/mt.

Apr 26, 2017 09:19

SMM Comments

LME Lead to Move in a Tight Range (2017-4-26)

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International Lead and Zinc Study Group (ILZSG) issued on Apr. 12 that global lead market had an 11,700 tonnes of surplus in February.

Apr 13, 2017 14:25

SMM Insight

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SHFE Lead to Stabilize (2017-4-10)

LME lead will move at USD 2,230-2,300/mt on Monday and SHFE 1705 lead will stabilize 16,200-17,000/mt at RMB after a sharp decline.

Apr 10, 2017 09:18

SMM Comments

LME Lead to See Range-Bound Trading (2017-4-7)

LME lead will be weighed by the 20-day moving average and move at USD 2,260-2,310/mt on Friday and SHFE 1705 lead will fluctuate between RMB 17,200-17,600/mt.

Apr 7, 2017 09:41

SMM Comments

LME Lead to See Range-Bound Trading (2017-4-7)

LME Lead to Move in a Tight Range (2017-3-31)

LME lead will fluctuate between USD 2,300-2,370/mt and SHFE 1705 lead will move at RMB 17,000-17,600/mt.

Mar 31, 2017 09:33

SMM Comments

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LME Lead to See Range-Bound Trading (2016-9-19)

LME lead is expected to range between USD 1,925-1,945/mt on Monday and SHFE 1610 lead will move at RMB 13,950-14,150/mt.

Sep 19, 2016 09:44

SMM Comments

SHFE Lead to Remain on the Upward Track (2016-9-2)

LME lead is predicted to range between USD 1,930-1,950/mt on Friday and SHFE 1610 lead to move at RMB 14,400-14,600/mt.

Sep 2, 2016 10:05

SMM Comments

SHFE Lead Ends with Losses (2016-8-12)

SHFE 1609 lead started at RMB 13,835/mt and moved around RMB 13,805/mt. The price later fell back from a high of RMB 13,860/mt and finally ended at RMB 13,805/mt, down RMB 30/mt or 0.22%.

Aug 12, 2016 16:47

SMM Comments

China Lead Prices to Face Pains from Mounting Stocks, SMM Says

The lead prices in China may take a hit in the near future due to pile-up in stocks, Shanghai Metals Market expects.

Jun 20, 2016 16:50

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May 19, 2016 15:38

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SHFE 1507 Lead Ends down RMB 25/mt (May 27, 2015)

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