Metals News
SMM Lead Market Daily Review (2015-9-29)
price review forecast
Sep 30,2015

SHANGHAI, Sept. 30 (SMM) –SHFE 1511 lead contract prices opened at RMB 12,990/mt, with the low-end of the price range RMB 12,940/mt, and closed at RMB 13,085/mt, down RMB 120/mt. SHFE 1511 lead contract prices fluctuated between RMB 13,000-13,080/mt after opening on Tuesday, and soared to as high as RMB 13,170/mt as a large number of shorts closed positions, and closed at RMB 13,135/mt, down RMB 70/mt.

Prices of Chengyuan lead were RMB 13,370/mt, with spot discounts of RMB 320/mt against SHFE 1511 lead contract prices. Humon lead prices were RMB 13,350-13,360/mt. Only Humon moved goods yesterday. A large number of traders have left the market, leading to tight supply. Downstream buyers reduced purchases now that they had built stocks.


SHFE lead price
For queries, please contact Frank LIU at
For more information on how to access our research reports, please email
Related Price

No Data