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Home / Metal News / [Pb Price] SHFE Lead Stays Range-Bound (Jul. 31, 2105)

[Pb Price] SHFE Lead Stays Range-Bound (Jul. 31, 2105)

Jul 31, 2015 17:40

Source:SMM

SHFE 1510 lead still outperformed LME lead and thus SMM/LME lead price ratio reached 7.6.

SHANGHAI, Jul. 31 (SMM) – SHFE 1510 lead still outperformed LME lead and thus SMM/LME lead price ratio reached 7.6. SHFE lead dived to RMB 12,930/mt after opening at RMB 13,070/mt for night trading Thursday, to close at RMB 13,010/mt, decreasing RMB 45/mt.

On Friday, SHFE lead remained range-bound between RMB 13,000-13,050/mt, to finally end at RMB 13,000/mt, down by RMB 55/mt. Trading volumes came in at 2,102 lots and positions increased 98 to 16,894.

SHFE lead prices

Pb Price

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SHFE 1601 lead will find support from the 20-day moving average and move between RMB 12,600-12,750/mt on Dec. 1.

Dec 1, 2015 09:30

SMM Comments

SHFE Lead Slips RMB 35/mt (Sept. 22, 2015)

SHFE 1511 lead once moved higher to RMB 13,245/mt after opening Monday evening session at RMB 13,190/mt.

Sep 22, 2015 17:21

SMM Comments

SMM Lead Market Daily Review (2015-9-18)

SHFE 1511 lead started at RMB 13,300/mt during Thursday evening and then increased, to close at RMB 1,360/mt, up by RMB 15/mt.

Sep 21, 2015 08:53

SMM Comments

[Pb Price]SHFE Lead Gains 1.91% (Aug. 10, 2015)

SHFE 1510 lead started at RMB 12,765/mt for night trading Friday and touched a low of RMB 12,725/mt.

Aug 10, 2015 17:48

SMM Comments

[Pb Price]LME lead to Move at Lows Next Week

LME lead is predicted to move at lows between $ 1,670-1,730 per tonne next week, SMM lead group reckons.

Aug 7, 2015 16:11

SMM Insight

[Pb Price]What Supports SHFE Lead to Outperform Other Base Metals?

SHFE lead posted a rise of 1.14% as of 11:30 Wednesday morning, compared with limited rallies in other base metals prices. Then, what has lent support to SHFE lead prices?

Aug 5, 2015 16:22

SMM Insight

[Pb Price]SMM Lead Market Morning Review (2015-8-3)

Last Friday evening, LME lead closed down USD 15.5/mt or 0.9% at USD 1,699.5/mt.

Aug 3, 2015 09:41

SMM Comments

[Pb Price]SMM Lead Market Morning Review (2015-7-31)

LME lead extended losses on Thursday evening. LME lead started Asian trading hours at USD 1,725/mt and dropped with base metals were all depressed.

Jul 31, 2015 09:24

SMM Comments

[Pb Price]SMM Lead Market Daily Review (2015-7-28)

SHFE 1510 lead opened at RMB 12,625/mt during Monday evening session.

Jul 29, 2015 08:51

SMM Comments

[Pb Price] SHFE Lead Price Posts a Drop (Jul. 27, 2015)

SHFE 1510 lead was slow to drop versus LME lead, pushing SMM/LME lead price ratio up to 7.38.

Jul 27, 2015 18:18

SMM Comments

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[Pb Price] SHFE Lead Stays Range-Bound (Jul. 31, 2105)

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