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Home / Metal News / [Pb Price] SHFE Lead Finishes at an Intra-day High (Aug. 11, 2015)

[Pb Price] SHFE Lead Finishes at an Intra-day High (Aug. 11, 2015)

Aug 11, 2015 17:20

Source:SMM

SHFE 1510 lead opened at RMB 13,055/mt for night trading Monday and grew to RMB 13,320/mt.

SHANGHAI, Aug. 11 (SMM) – SHFE 1510 lead opened at RMB 13,055/mt for night trading Monday and grew to RMB 13,320/mt. Later, the price moved around RMB 13,190/mt before closing at RMB 13,185/mt, jumping RMB 270/mt.

US dollar posted a growth due to China’s move to devalue Chinese yuan on Tuesday. SHFE lead fell to RMB 13,120/mt and then rolled backed the losses. Finally, the price closed at a high of RMB 13,250/mt, rising RMB 335/mt or 2.59%.

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 Prices down RMB 95/mt (Aug. 31, 2015)

SHFE 1510 lead opened at RMB 13,520/mt for night trading last Friday and once dipped to RMB 13,330/mt.

Aug 31, 2015 18:17

SMM Comments

SMM Lead Market Daily Review (2015-8-27)

SHFE 1510 lead gapped lower at RMB 13,145/mt for night trading Wednesday and then ranged between RMB 13,115-13,275/mt.

Aug 28, 2015 08:42

SMM Comments

SMM Lead Market Daily Review (2015-8-21)

SHFE 1510 lead started Thursday evening session at RMB 13,475/mt and extended day trading rising momentum to RMB 13,860/mt.

Aug 24, 2015 08:59

SMM Comments

SMM Lead Market Daily Review (2015-8-20)

SHFE 1510 lead started at RMB 13,300/mt and once drifted higher to RMB 13,375/mt.

Aug 21, 2015 08:49

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

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[Pb Price] SHFE Lead Finishes at an Intra-day High (Aug. 11, 2015)

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