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Home / Metal News / SHFE Lead Gains RMB 45/mt (Sept. 7, 2015)

SHFE Lead Gains RMB 45/mt (Sept. 7, 2015)

Sep 7, 2015 17:32

Source:SMM

SHFE 1511 lead followed Chinese stocks up to RMB 13,425/mt.

SHANGHAI, Sept. 7 (SMM) – SHFE 1511 lead followed Chinese stocks up to RMB 13,425/mt after the open of Monday trading session but then fell back to RMB 13,300/mt, to end at RMB 13,310/mt, up by RMB 45/mt. Trading volumes totaled 3,138 lots with positions down 122 to 14,884.

SHFE lead prices

lead

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Shanghai base metals mostly trended lower on Tuesday morning after US dollar rallied significantly. Meanwhile, their counterparts on LME performed similarly.

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SMM Morning Comments (Jan 4): Base Metals to Trend Lower as US Dollar Index Rebounds

SMM Evening Comments (Dec 31): Shanghai Nonferrous Metals Mostly Closed with Gains amid Encouraging China PMI for December

Shanghai nonferrous metals mostly closed in the positive territory as the market was cheered up by the macro front, as China released its December official manufacturing and non-manufacturing PMI readings, which topped market expectation.

Dec 31, 2021 19:00

SMM Comments

SMM Evening Comments (Dec 31): Shanghai Nonferrous Metals Mostly Closed with Gains amid Encouraging China PMI for December

SMM Outlook: Lead Prices Rebound in a V-Shape in November

Lead prices have fluctuated greatly since Q3. After continuously experiencing sharp decrease in August and September, lead prices have just ushered in a turnaround in October, but trended lower in November. As of November 30, the most-traded SHFE lead contract closed at 15,340 yuan/mt, down 2.17%.

Dec 1, 2021 18:11

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SMM Outlook: Lead Prices Rebound in a V-Shape in November

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Oct 22, 2021 16:50

Industry

Lead Prices Likely to Stand High after Gaining over 13% in Just 15 Trading Days

The most traded SHFE lead contract kept rising after hitting the lowest level since June 2020 at 14,055 yuan/mt on September 23. SHFE lead reached a nearly three-month high at 16,330 yuan/mt in the overnight trading on September 20. In the intraday trading on September 21, the most traded SHFE lead contract closed 1.5% higher at 15,945 yuan/mt, up 1,890 yuan/mt or 13.4% from September 23.

Oct 22, 2021 15:16

SMM Insight

Lead Prices Likely to Stand High after Gaining over 13% in Just 15 Trading Days

SMM Morning Comments (Oct 12): Base Metals Basically Rose amid Extended Power Rationing

Shanghai base metals basically trended higher on Tuesday morning amid extended power rationing. Meanwhile, their counterparts on LME mostly fell.

Oct 12, 2021 09:47

SMM Comments

SMM Morning Comments (Oct 12): Base Metals Basically Rose amid Extended Power Rationing

Hunan Shuikoushan Reports Profit in May

Hunan Shuikoushan Nonferrous Metals Group realized 2.14 million yuan in profit in May, according to cnmn.com

Jul 1, 2016 15:24

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Jun 16, 2016 11:57

Industry Reminder

Refined lead supply exceeded demand in 2015, says ILZSG yearly report

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Mar 21, 2016 09:08

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SHFE Lead Close down (Feb. 4, 2016)

SHFE 1603 lead opened at RMB 14,055/mt Thursday evening.

Feb 5, 2016 21:38

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SHFE Lead Gains RMB 45/mt (Sept. 7, 2015)

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