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Home / Metal News / SHFE Lead Posts Losses (April 25, 2016)

SHFE Lead Posts Losses (April 25, 2016)

Apr 25, 2016 17:13

Source:SMM

SHFE 1606 lead started at RMB 13,430/mt for night session last Friday and traced LME lead up to RMB 13,640/mt.

SHANGHAI, Apr. 25 (SMM) – SHFE 1606 lead started at RMB 13,430/mt for night session last Friday and traced LME lead up to RMB 13,640/mt. Later, the contract fell to RMB 13,180/mt before ending at RMB 13,385/mt, off RMB 45/mt.

SHFE 1606 lead ranged between RMB 13,310-13,400/mt on Monday and closed the day at RMB 13,420/mt, down by RMB 10/mt or 0.07%. Trading volumes dropped 1,272 to 16,202 lots and positions slid 160 to 17,442.

SHFE lead price

Pb prices

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LME lead is expected to range between USD 1,925-1,945/mt on Monday and SHFE 1610 lead will move at RMB 13,950-14,150/mt.

Sep 19, 2016 09:44

SMM Comments

LME Lead to Move in a Tight Range (2016-6-23)

LME lead will narrowly range between USD 1,700-1,720/mt during Asian trading hours Thursday.

Jun 23, 2016 09:27

SMM Comments

LME Lead to Stay Range-Bound (2016-6-22)

LME lead will narrowly range between USD 1,700-1,720/mt during Asian trading hours Wednesday.

Jun 22, 2016 09:27

SMM Comments

China Lead Prices to Face Pains from Mounting Stocks, SMM Says

The lead prices in China may take a hit in the near future due to pile-up in stocks, Shanghai Metals Market expects.

Jun 20, 2016 16:50

Industry

LME Lead to Stay on Upside Track Next Week

LME lead will remain on the upside tract next week and should test resistance at $ 1,660 per tonne, SMM predicts.

Jan 22, 2016 15:13

SMM Insight

LME Lead to Hold above Moving Average (2016-1-22)

LME lead stays above the 5 and 10-day moving averages and should move between USD 1,620-1,650/mt during Asian trading hours Friday.

Jan 22, 2016 09:32

SMM Comments

SHFE Lead Down 1.53% (Jan. 15, 2016)

SHFE 1603 lead started Thursday night session at RMB 12,815/mt and climbed to RMB 12,880-12,900/mt due to growth in longs.

Jan 15, 2016 18:16

SMM Comments

Weakness Ahead for LME Lead Next Week

LME lead will face more weakness and should move between $ 1,590-1,640 per tonne next week, SMM lead analysts forecast.

Jan 15, 2016 14:46

SMM Insight

SHFE Lead Gains 0.63% (Jan. 13, 2016)

SHFE 1603 lead opened higher at RMB 12,580/mt during Tuesday night session and climbed to RMB 12,700/mt.

Jan 13, 2016 19:42

SMM Comments

LME Lead to See Small Upside Room Next Week, SMM says

Any big gains in LME lead will be curbed by firmer dollar next week and LME lead should trade at highs $ 1,680-1,735 yuan per tonne despite upbeat technical indicators.

Dec 11, 2015 15:42

SMM Insight

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SHFE Lead Posts Losses (April 25, 2016)

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