SHFE Lead Prices Up 0.07% (2016-8-26)

Published: Aug 26, 2016 17:11

Save

SHFE 1610 lead started at RMB 13,945/mt and ended at RMB 13,960/mt, up RMB 10/mt or 0.07%.

SHANGHAI, Aug. 26 (SMM) – On Thursday’s night trading, SHFE 1610 lead opened lower at RMB 13,945/mt and then slid to RMB 13,865/mt. The contract later stabilized at around RMB 13,900/mt and closed at RMB 13,925/mt.

On Friday, SHFE 1610 lead started at RMB 13,945/mt and then soared to RMB 14,050/mt. Later, the contract dropped below RMB 14,000/mt due to position closing by longs and ended at RMB 13,960/mt, up RMB 10/mt or 0.07%. Trading volumes fell 4,318 to 8,812 lots and positions decreased 610 to 17,396.

Spot lead should stay firm for the short term， which will support SHFE 1610 lead. Moreover, supply rises with primary and secondary lead smelters resuming operations and this will weigh on SHFE 1610 lead. Thus, SHFE 1610 lead is expected to fluctuate around RMB 14,000/mt in the future with mixed factors.

SHFE lead prices LME lead prices lead prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

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

Related News

15 hours ago

Indonesia Revokes Illegal Mining Permits in Protected Forests, Orders Swift Action

[SMM Aluminum Express News] President Prabowo Subianto has ordered Energy and Mineral Resources Minister Bahlil Lahadalia to immediately revoke all illegal mining permits (IUP). The directive was given during a Cabinet Working Meeting at the State Palace on Wednesday, April 8, 2026. Prabowo instructed Bahlil to act swiftly on reports of hundreds of unclear or illegal mining permits operating inside protected forests. He also asked Forestry Minister Raja Juli Anthoni about the current condition of protected forests and emphasized the need for immediate action on illegal IUPs found in the field.

15 hours ago

16 hours ago

SHFE Cast Aluminum Alloy Warrants Down by 121 mt on April 8

[SMM Update] SHFE data showed that on April 8, the total registered cast aluminum alloy warrants stood at 31,062 mt, a decrease of 121 mt from the previous trading day. Specifically, the total registered volume in Shanghai was 1,912 mt (unchanged), Guangdong 12,358 mt (unchanged), Jiangsu 3,541 mt (down 61 mt), Zhejiang 8,411 mt (down 60 mt), Chongqing 3,634 mt (unchanged), and Sichuan 1,206 mt (unchanged).

16 hours ago

Auto Parts Imports Drop 5.4% YoY to $1.47B in Feb, CAAM Reports

[CAAM: Import Value of Auto Parts Reached $1.47 Billion in February, Down 5.4% YoY] According to data from the General Administration of Customs compiled by CAAM, in February 2026, the import value of auto parts reached $1.47 billion, down 20.8% MoM and 5.4% YoY. From January to February 2026, the import value of auto parts was $3.32 billion, up 7.1% YoY.

16 hours ago