Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / SHFE Lead Closes with 1.23% Losses (2016-7-28)

SHFE Lead Closes with 1.23% Losses (2016-7-28)

Jul 28, 2016 17:33

Source:SMM

SHFE 1609 lead started at RMB 13,715/mt and then moved stably. But the contract fell by RMB 100/mt at the tail of trading before finally ending at RMB 13,605/mt, down RMB 170/mt or 1.23%.

SHANGHAI, Jul. 28 (SMM) – On Wednesday’s night trading, SHFE 1609 lead opened at RMB 13,755/mt and then moved in a tight range before diving to RMB 13,645/mt. The contract stopped falling at the tail of trading and closed at RMB 13,665/mt.

On Thursday, SHFE 1609 lead started at RMB 13,715/mt and then moved stably. But the contract fell by RMB 100/mt at the tail of trading before finally ending at RMB 13,605/mt, down RMB 170/mt or 1.23%. Trading volumes reduced 3,134 to 18,104 lots and positions fell 864 to 23,058. SHFE 1609 lead dropped below 5-day moving average on Thursday, but the contract is expected to go upside due to improved fundamentals and positive technical indicators.

SHFE lead prices

LME lead prices

lead prices

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Lead smelters made firm offers for spot goods on supply shortage, and downstream battery producers replenished stocks at low prices, improving transaction.

Aug 22, 2017 14:04

SMM Insight

Lead Spot Transaction Improves after Price Drops, SMM Reports

Tight Supply Refrains Transaction in China Lead Market, SMM Reports

Traders in China's market had low price-making interest in response to low inventories, and firm price kept downstream battery producers at sidelines, resulting in sluggish trading.

Aug 3, 2017 14:08

SMM Comments Industry

Tight Supply Refrains Transaction in China Lead Market, SMM Reports

Macquarie Hikes Forecast for Base Metals in 2017 and 2018

Macquarie raised its forecast for most base metals in the next two years, wenhua.com reported.

Dec 20, 2016 14:09

Industry Reminder

Macquarie Hikes Forecast for Base Metals in 2017 and 2018

SHFE Lead to Find Support (2016-12-16)

LME lead is predicted to move between USD 2,300-2,350/mt on Friday and SHFE 1702 lead will range at RMB 20,000-20,500/mt.

Dec 16, 2016 09:40

SMM Comments

SHFE Lead Moves Lower (016-12-14)

SHFE 1702 lead opened at RMB 20,390/mt and finally closed at RMB 20,490/mt, down RMB 95/mt or 0.46%.

Dec 14, 2016 16:41

SMM Comments

Main sea freight index at Baltic Exchange falls further to 1,069 points

The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities fell further to 1,069 points on Monday mainly due to weak cape and panamax indices.

Dec 13, 2016 17:10

Industry

SHFE Lead Closes with Losses (2016-12-13)

SFHE 1702 lead opened at RMB 20,690/mt and finally ended at RMB 20,545/mt, down RMB 55/mt or 0.27%.

Dec 13, 2016 17:08

SMM Comments

SHFE Lead Prices Up 0.36% (2016-12-8)

SHFE 1702 lead opened at RMB 20,595/mt and finally closed at RMB 20,775/mt, up RMB 75/mt or 0.36%.

Dec 8, 2016 17:55

SMM Comments

SHFE Lead to Remain on the Upward Track (2016-9-2)

LME lead is predicted to range between USD 1,930-1,950/mt on Friday and SHFE 1610 lead to move at RMB 14,400-14,600/mt.

Sep 2, 2016 10:05

SMM Comments

SHFE Lead Prices Up 3.97% (2016-9-1)

SHFE 1610 lead started at RMB 13,965/mt and ended at RMB 14,420/mt, up RMB 550/mt or 3.97%.

Sep 1, 2016 17:44

SMM Comments

SMM Events & Webinars

All

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  NET ZERO MEA is the premier leadership summit of solar, energy storage, and renewable energy sectors in the Mid-East.
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 New Energy Industry Chain Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

SHFE Lead Closes with 1.23% Losses (2016-7-28)

SMM Events & Webinars

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 New Energy Industry Chain Expo