[Pb Price]SMM Lead Market Daily Review (2015-7-22)

Published: Jul 23, 2015 08:51

Save

Stronger dollar, concerns over China’s economy and current off-season for consumption, triggering bearishness in market again.

SHANGHAI, Jul. 23 (SMM) – Stronger dollar, concerns over China’s economy and current off-season for consumption, triggering bearishness in market again. SHFE 1510 lead started at RMB 12,915/mt during Tuesday evening session and lurched down to end at RMB 12,820/mt, down RMB 140/mt.

After starting Wednesday trading session, October lead on the SHFE moved stably around RMB12,800/mt and finished the day at a low of RMB 12,700/mt, slipping RMB 260/mt or 2.01%. Trading volumes totaled 2,634 lots and positions jumped 870 to 14,818.

In Shanghai market, Tongguan and Nanfang brands quoted RMB 13,130-13,180/mt, RMB 370-400/mt higher than SHFE 1510 lead and RMB 50/mt higher than SHFE 1508 lead. Though some offers quoted as high as RMB 13,200/mt, few deals were made.

Traded prices were RMB 13,000-13,020/mt for Shuangyan brand (packed in iron). YT brand lead from Yunnan’s Yunxi Smelter was offered at a premium of RMB 50/mt over SHFE 1508 lead with traded prices at RMB 13,130-13,160/mt.

Lead prices slipped RMB 100/mt July 22. Lead smelters held back sales. Downstream producers purchased some on July 21 and increased purchase at lows July 22. Trades picked up slightly July 22.

SHFE lead prices spot lead prices Pb Price

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

Mar 13, 2026 18:52

North China Mine Sets March Zinc Concentrates Tender at 2,300 Yuan/mt with Profit-Sharing

[Zinc Concentrates Tender] According to SMM, the March tender price for self pick-up at the mine for zinc concentrates at a mine in North China was around 2,300 yuan/mt in metal content (including the 20/80 profit-sharing arrangement), with the enriched metal not priced. SMM will continue to monitor subsequent changes in processing fees.

Mar 13, 2026 18:52

Zinc Concentrates Market Faces Supply Concerns as Disruptions in Iran, Australia Persist

[Imported Zinc Concentrates Market] Disruptions in Iran and Australia persisted recently, and the market’s concern over zinc concentrates supply continued. This week, traders of imported zinc ore continued to lower spot quotes. It was learned that some recent offers for bulk cargoes of zinc-rich zinc concentrates fell to negative prices.

Mar 13, 2026 18:52

Mar 13, 2026 16:58

Secondary Zinc Oxide Payables Remained Relatively Firm, How Will They Perform in March [SMM Analysis]

Secondary Zinc Oxide Production Fell in February, While Secondary Zinc Oxide Payables Remained Relatively Firm. What Trend Will Secondary Zinc Oxide Show in March?

Mar 13, 2026 16:58