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 Finishes Lower (2017-6-7)

SHFE Lead Finishes Lower (2017-6-7)

Jun 7, 2017 17:15

Source:SMM

SHFE 1707 lead opened at RMB 16,485/mt and closed at RMB 16,480/mt, down RMB 125/mt or 0.75%.

SHANGHAI, Jun. 7 (SMM) – On Wednesday, SHFE 1707 lead opened at RMB 16,485/mt and then advanced to RMB 16,515/mt briefly with entering of large amounts of longs. The contract later dipped to RMB 16,380/mt and rallied to RMB 16,540/mt thanks to positions opening by longs. SHFE 1707 lead closed at RMB 16,480/mt, down RMB 125/mt or 0.75%. Trading volumes rose 8,264 to 86,514 lots and positions reduced 1,860 to 42,986.

The contract will fluctuate at the 5 and 60-day moving averages for a short term.

Lead Prices to Stay Firm on Positive Fundamentals, SMM Forecasts

SHFE lead

LME lead

lead prices

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

The power rationing in Yunnan, Henan, and Hunan since July-August and the power rationing in Jiangxi and Guangxi in September are undoubtedly the current hot spots. According to a recent SMM survey, the power rationing in Jiangsu, Guangdong and other regions in China has continued. Since late September, the social inventory of lead ingots has declined due to the combined effects of losses, power rationing and environmental protection.

Oct 22, 2021 15:34

Analysis

Lead Price in Fourth Quarter Will Be Higher Than Third Quarter, to Meet Resistance in Medium and Long Term

LME Lead Price to Hover at Lows (2017-10-23)

LME lead will fluctuate at highs between USD 2,460-2,490/mt today.

Oct 23, 2017 09:38

SMM Comments

LME Lead Price to Hover at Lows (2017-10-23)

LME Lead Price to Hover at Highs (2017-9-15)

LME lead will fluctuate at highs between USD 2,300-2,330/mt today.

Sep 15, 2017 09:58

SMM Comments

LME Lead Price to Hover at Highs (2017-9-15)

Where Lead Price Heads This Week? SMM Forecasts

LME lead will trade at $2,225-2,300 per tonne this week, and SHFE 1708 lead will fluctuate at 17,500-17,800 yuan per tonne.

Jul 10, 2017 17:45

SMM Insight

Where Lead Price Heads This Week? SMM Forecasts

Where Will Lead Head This Week? SMM Forecasts

LME lead will stay firm this week with price range at USD 2,270-2,310/mt, and SHFE 1708 lead will hover at RMB 17,600-18,200/mt.

Jul 3, 2017 09:41

SMM Insight

Where Will Lead Head This Week? SMM Forecasts

SHFE Lead Closes Higher (2017-6-30)

SHFE 1708 lead opened at RMB 17,815/mt and closed at RMB 17,800/mt, up RMB 65/mt or 0.37%.

Jun 30, 2017 19:20

SMM Comments

China Motive Battery Market Reports Tight Supply, and to Ease in Mid and Late June, SMM Reports

Motive battery supply is tight in China's market and will ease in mid and late June.

Jun 14, 2017 10:02

SMM Insight

China Motive Battery Market Reports Tight Supply, and to Ease in Mid and Late June, SMM Reports

SHFE Lead to Lack of Upward Strength (2017-6-6)

LME lead will trade at USD 2,100-2,125/mt on Tuesday and SHFE 1707 lead, lacking of upward strength, will fluctuate between RMB 16,400-16,700/mt.

Jun 6, 2017 09:27

SMM Comments

SHFE Lead to Lack of Upward Strength (2017-6-6)

LME Lead to Find Support (2017-6-1)

LME lead will move at USD 2,100-2,130/mt on Thursday and SHFE 1707 lead will fluctuate between RMB 15,850-16,200/mt.

Jun 1, 2017 09:39

SMM Comments

Two Motive Battery Producers Raise Prices, Improving Transaction, SMM Reports

Two leading battery producers in China announced to raise motive battery price up by 30-50 yuan, such as 48v20Ah up to above 500 yuan。

May 24, 2017 13:34

SMM Insight

Two Motive Battery Producers Raise Prices, Improving Transaction, SMM Reports

SMM Events & Webinars

All

Apr
23
- 2025 (20th) SMM Copper Industry Conference and Expo
  Apr 23 - 25,2025
  Nanchang，Jiangxi，China
May
15
- 2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP
  May 15 - 25,2025
  Argentina & Brazil
May
20
- 2025 SMM ASIA METALS SEMINAR
  May 20 - 20,2025
  Global Metals Market in Flux Geopolitics, Policies, Fundamentals
  Novotel Century, Hong Kong, China

SHFE Lead Finishes Lower (2017-6-7)

SMM Events & Webinars

2025 (20th) SMM Copper Industry Conference and Expo

2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP

2025 SMM ASIA METALS SEMINAR