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

Published: Jun 12, 2015 08:52 (GMT+8)

Save

SHFE 1508 lead started at RMB 13,260/mt and ended down RMB 15/mt at RMB 13,205/mt Wednesday evening session with the session low at RMB 13,200/mt.

SHANGHAI, Jun. 12 (SMM) – SHFE 1508 lead started at RMB 13,260/mt and ended down RMB 15/mt at RMB 13,205/mt Wednesday evening session with the session low at RMB 13,200/mt.

The contract touched a low of RMB 13,155/mt on Thursday as slower growth in China’s investment triggered worries that its economy developing speed will slip, to finish the day at RMB 13,165/mt, down RMB 55/mt or 0.42%. Trading volumes dropped 1,622 to 2,802 lots with positions down 90 to 12,018.
S

In China’s spot lead market, Nanfang brand quoted RMB 13,720/mt Thursday, a RMB 600/mt premium over SHFE 1508 lead. Shuangyan (packed in plastic) settled at RMB 13,700/mt, RMB 13,450/mt for the same brand (packed in iron) and RMB 13,385/mt for old Honglu brand goods.

Branded goods were hard to source in Shanghai market with smelters’ reluctance in sales. Meanwhile, end-user consumption was poor. Deals were made at RMB 13,500-13,600/mt in Henan market. Supply shortfalls in Guangdong resulted from shipments to Jiangxi and suppliers’ shipping problems. Thus, only some Gejiu’s goods quoted RMB 13,400/mt there.

lead price SHFE lead prices 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 for 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

10 hours ago

Data: SHFE, DCE market movement (Sep 21)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 21 Sep , 2026

10 hours ago

12 hours ago

[Market view: The global smartphone market will shrink by 12% in 2026, with the market structure tilting toward higher price segments]

Omdia's latest research shows that the global smartphone market is expected to shrink by 12% in 2026, but the total market value will increase by 12% to $651.6 billion. The market will tilt toward high-end products: the share of smartphones under $200 will drop significantly, while the share of high-end smartphones above $800 will rise to 28.4%.

12 hours ago

[SMM Tin News] US Makes Preliminary Anti-dumping Determination on Tinplate

On September 17, 2026, the US Department of Commerce issued a notice announcing its preliminary affirmative determination in the antidumping duty investigation on tinplate imported from China, preliminarily finding a dumping margin of 136.52% for Chinese exporters/producers (adjusted to 130.17% after offsetting subsidies as the cash deposit rate). Because the enterprises involved failed to respond to the investigation, the US reached its determination using adverse facts available. The products subject to this investigation are primarily classified under US HS codes 7210.11.0000, 7210.12.0000, 7210.50.0020, 7210.50.0090, 7212.10.0000, 7212.50.0000, 7225.99.0090, and 7226.99.0180.

12 hours ago