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Home / Metal News / [Pb Price]SHFE Lead Slides Modestly (Aug. 6, 2015)

[Pb Price]SHFE Lead Slides Modestly (Aug. 6, 2015)

Aug 6, 2015 17:29

Source:SMM

SHFE 1510 lead closed at RMB 12,860/mt for night trading Wednesday.

SHANGHAI, Aug. 6 (SMM) – SHFE 1510 lead closed at RMB 12,860/mt for night trading Wednesday, down by RMB 70/mt.

SHFE lead followed China’s A-shares up to RMB 12,920/mt during day trading Thursday. China’s A-shares started to fall in the afternoon and thus base metals were weighed, mirroring that base metals turned more sensitive to Chinese stocks with stronger dollar. The contract finally closed at RMB 12,910/mt, falling RMB 20/mt. Trading volumes were 2,720 lots and positions rose 168 to 17,974.

SHFE lead prices

Pb Price

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LME lead is predicted to move in a range of USD 1,640-1,660/mt during Asian trading hours Thursday.

Dec 3, 2015 09:40

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

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

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

Jul 31, 2015 17:40

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

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[Pb Price]SHFE Lead Slides Modestly (Aug. 6, 2015)

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NET ZERO EUROPE - Solar & Energy Storage Summit

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