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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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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

LME Lead to Face Pains from Firmer Dollar (2016-8-11)

LME lead will suffer pressure from stronger dollar and will narrowly range USD 1,810-1,830/mt during Asian trading hours Thursday.

Aug 11, 2016 09:41

SMM Comments

SHFE Lead Ends Up (Jun. 27 , 2016)

During last Friday’s night session, SHFE 1608 lead started at RMB 12,760/mt.

Jun 27, 2016 18:29

SMM Comments

LME Lead to Move in a Tight Range (2016-6-23)

LME lead will narrowly range between USD 1,700-1,720/mt during Asian trading hours Thursday.

Jun 23, 2016 09:27

SMM Comments

SHFE Lead Ends with Losses (Jun. 20 , 2016)

During last Friday’s night session, SHFE 1608 lead started at RMB 12,840/mt and sank to RMB 12,760/mt, to end at RMB 12,775/mt.

Jun 20, 2016 17:25

SMM Comments

SHFE Lead Trades down (Jun. 8, 2016)

SHFE 1607 lead contract started at RMB 12,745/mt overnight and moved between RMB 12, 710-12,765/mt before closing at RMB 12,740/mt.

Jun 8, 2016 17:16

SMM Comments

LME Lead to Seek Support from Oil Prices (2016-5-18)

Rising oil prices will slow declines in LME lead and LME lead will narrowly range USD 1,710-1,730/mt during Asian trading hours Wednesday.

May 18, 2016 09:23

SMM Comments

SHFE Lead Trades Up (Mar. 25, 2016)

SHFE 1605 lead started at RMB 13,495/mt overnight and then moved between RMB 13,500-13,540/mt and ended at RMB 13,530/mt.

Mar 25, 2016 18:03

SMM Comments

SHFE Lead Finds Support from 20-Day Moving Average (2015-12-1)

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

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

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