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

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / SHFE Lead Moves Lower (016-12-14)

SHFE Lead Moves Lower (016-12-14)

Dec 14, 2016 16:41

Source:SMM

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

SHANGHAI, Dec. 14 (SMM) – On Wednesday, SHFE 1702 lead opened at RMB 20,390/mt and then fluctuated at around RMB 20,440/mt, up to as highs as RMB 20,560/mt. The contract finally closed at RMB 20,490/mt, down RMB 95/mt or 0.46%. Trading volumes were down 854 to 81,722 and positions were up 38 to 45,052. China’s new created loans and social financing were higher than expected in November while M2 missed the expectation.

SHFE 1702 lead will keep fluctuating in a short term with market’s wary sentiment.

SHFE lead

LME lead

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

Orders at Ignition Battery Producers See No Improvement, Despite of Rising End-User Demand, SMM Says

Orders at ignition battery producers saw no improvement in Zhejiang due to wary purchase sentiment of distributors.

Jul 26, 2017 17:59

Industry

Orders at Ignition Battery Producers See No Improvement, Despite of Rising End-User Demand, SMM Says

WBMS: Global Lead Supply Remains in Deficit of 172,000 Tonnes in January-May 2017

Global lead market still reported supply deficit at 172,000 tonnes in the first five months of 2017, according to World Bureau of Metal Statistics (WBMS).

Jul 20, 2017 09:41

SMM Insight Industry

WBMS: Global Lead Supply Remains in Deficit of 172,000 Tonnes in January-May 2017

TCs for Chinese lead concentrate to Stabilize for the Near Term, SMM Forecasts

TCs for Chinese 50% lead concentrate were mainly at RMB 1,600-1,800/mt (Pb Content) last week, and few offers of imported concentrate (Pb 60%, Ag < 1,000g) were heard.

May 8, 2017 16:38

SMM Insight

TCs for Chinese lead concentrate to Stabilize for the Near Term, SMM Forecasts

LME Lead to Move in a Tight Range (2017-4-26)

Eyes should be on US dollar index on Wednesday. LME lead will move at USD 2,140-2,180/mt on Wednesday and SHFE 1706 lead will fluctuate between RMB 15,800-16,350/mt.

Apr 26, 2017 09:19

SMM Comments

LME Lead to Move in a Tight Range (2017-4-26)

China Primary Lead Smelters Raise Operating Rate in March, SMM Reports

Average operating rate at 48 surveyed Chinese primary lead smelters was 63.37% in March, up 5.66 percentage points on a monthly basis.

Apr 18, 2017 14:26

SMM Insight

China Primary Lead Smelters Raise Operating Rate in March, SMM Reports

Global Lead Supply Reverse to Surplus in February 2017

International Lead and Zinc Study Group (ILZSG) issued on Apr. 12 that global lead market had an 11,700 tonnes of surplus in February.

Apr 13, 2017 14:25

SMM Insight

Global Lead Supply Reverse to Surplus in February 2017

Yuguang Gold & Lead to Invest 1.93 Bln Yuan in Technical Innovation, and Posts 2016’s Annual Profits up 1311% YoY

Henan Yuguang Gold & Lead plans to invest 1.928 billion yuan in secondary lead recycling and high-efficiency cleaner production technical innovation project in Jiyuan Yuchuan Industrial Park.

Apr 12, 2017 10:07

SMM Insight

Yuguang Gold & Lead to Invest 1.93 Bln Yuan in Technical Innovation, and Posts 2016’s Annual Profits up 1311% YoY

SHFE Lead to Stabilize (2017-4-10)

LME lead will move at USD 2,230-2,300/mt on Monday and SHFE 1705 lead will stabilize 16,200-17,000/mt at RMB after a sharp decline.

Apr 10, 2017 09:18

SMM Comments

SMM Events & Webinars

All

Nov
24
- 2024 SMM Middle East Secondary Metal Field Trip
  Nov 24 - Dec 01,2024
  UAE
Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  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

SHFE Lead Moves Lower (016-12-14)

SMM Events & Webinars

2024 SMM Middle East Secondary Metal Field Trip

NET ZERO MEA - Solar & Energy Storage

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