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Home / Metal News / SHFE Lead Closes Higher (2017-6-30)

SHFE Lead Closes Higher (2017-6-30)

Jun 30, 2017 19:20

Source:SMM

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

SHANGHAIM, Jun. 30 (SMM) – On Friday, SHFE 1708 lead opened at RMB 17,815/mt and then advanced to RMB 17,880/mt. The contract later edged down with longs taking profits, and dipped to RMB 17,580/mt, hurt by entering of shorts. SHFE 1708 lead rallied to RMB 17,840/mt as longs strengthened and closed at RMB 17,800/mt, up RMB 65/mt or 0.37%. Trading volumes increased 1,256 to 63,714 lots and positions rose 892 to 42,578.

SHFE 1708 lead will stay firm in a short term.

SHFE lead

LME lead

lead prices

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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 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

SHFE Lead to Remain Range-Bound (2017-4-24)

LME lead will move at USD 2,120-2,180/mt on Monday and SHFE 1706 lead is expected to fluctuate between RMB 15,700-16,250/mt.

Apr 24, 2017 09:12

SMM Comments

SHFE Lead to Remain Range-Bound (2017-4-24)

SHFE Lead Prices Up 0.12% (2017-3-31)

SHFE 1705 lead opened at RMB 17,340/mt and closed at RMB 17,400/mt, up RBM 20/mt or 0.12%.

Mar 31, 2017 19:56

SMM Comments

SHFE Lead to Stay Range-Bound (2017-3-30)

LME lead will move between USD 2,320-2,365/mt on Thursday and SHFE 1705 lead will move at RMB 17,350-17,950/mt.

Mar 30, 2017 09:55

SMM Comments

SHFE Lead to Stay Range-Bound (2017-3-30)

SHFE Lead to Stabilize (2017-3-16)

LME lead will trade at USD 2,240-2,300/mt on Thursday and SHFE 1704 lead will move between RMB 18,000-18,400/mt.

Mar 16, 2017 09:47

SMM Comments

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SHFE Lead Closes Higher (2017-6-30)

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