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Home / Metal News / SHFE Lead Trades Up (Mar. 28, 2016)

SHFE Lead Trades Up (Mar. 28, 2016)

Mar 28, 2016 17:02

Source:SMM

SHFE 1605 lead started at RMB 13,550/mt for night trading last Friday and once reached RMB 13,590/mt.

SHANGHAI, Mar. 28 (SMM) – SHFE 1605 lead started at RMB 13,550/mt for night trading last Friday and once reached RMB 13,590/mt, to end at RMB 13,535/mt, up RMB 10/mt or 0.07%.

SHFE lead edged up slight on Monday thanks to positive reading of China’s economic figures released last weekend but met resistance at RMB 13,600/mt, to close the day at RMB 13,575/mt, gaining RMB 50/mt or 0.37%. Trading volumes reduced 358 to 4,188 lots and positions were up 364 to 19,128.

SHFE 1605 lead should see weak trading tonight with resistance at the 10 and 20-day moving averages and support at RMB 13,500/mt.

SHFE lead prices

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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

SHFE 1508 Lead Gains RMB 120/mt at RMB 13,080/mt (Jun. 23, 2015)

SHFE 1508 lead opened at RMB 12,850/mt during Tuesday trading session.

Jun 23, 2015 17:39

SMM Comments

SMM Lead Market Daily Review (2015-6-17)

SHFE 1508 lead opened Tuesday evening session at RMB 12,720/mt and hovered between RMB 12,720-12,780/mt, to close at RMB 12,730/mt.

Jun 18, 2015 09:02

SMM Comments

SMM Lead Market Morning Review (2015-6-16)

LME lead opened at USD 1,856.5/mt during Asian trading hours and edged down to USD 1,838/mt.

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SMM Comments

SHFE 1508 Lead Loses RMB 390/mt (Jun. 12, 2015)

SHFE 1508 lead started Thursday evening at RMB 13,135/mt and dived to RMB 12,890/mt, to end at RMB 12,915/mt, down RMB 310/mt.

Jun 12, 2015 18:22

SMM Comments

SMM Base Metals Market Daily Review (2015-6-10)

SHFE 1508 copper contract prices started at RMB 43,320/mt for Tuesday’s night session and followed LME copper up to RMB 43,520/mt but met resistance at this level.

Jun 11, 2015 10:12

SMM Comments

SMM Lead Market Morning Review (2015-6-11)

LME lead started at USD 1,930.5/mt during Wednesday evening session and soared to USD 1,965/mt during European and US trading hours.

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SMM Comments

SHFE 1508 Lead Finishes up RMB 55/mt (Jun. 9, 2015)

SHFE 1508 lead opened at RMB 13,135/mt Monday evening session and advanced to RMB 13,260/mt, to close the session up RMB 40/mt at RMB 13,150/mt.

Jun 9, 2015 17:12

SMM Comments

SMM Base Metals Market Daily Review (2015-4-28)

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Apr 29, 2015 13:21

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SHFE Lead Trades Up (Mar. 28, 2016)

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