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 Jumps 3.49% (2017-8-9)

SHFE Lead Jumps 3.49% (2017-8-9)

Aug 9, 2017 17:32

Source:SMM

SHFE 1709 lead opened at RMB 19,010/mt and closed at RMB 19,700/mt, up RMB 665/mt or 3.49%.

SHANGHAI, Aug. 9 (SMM) – On Wednesday, SHFE 1709 lead opened at RMB 19,010/mt and then dropped to RMB 19,335/mt. Later, the contract advanced to RMB 20,200/mt briefly and fell back slightly at the tail of trading with longs taking profits. SHFE 1709 lead closed at RMB 19,700/mt, up RMB 665/mt or 3.49%. Trading volumes increased 17,408 to 67,198 lots and positions reduced 3,582 to 37,578.

SMM Survey: Supply Shortage Allows Lead Price to Rise Further

SHFE 1709 lead, hitting a 6-month high, will challenge RMB 19,800/mt on Wednesday’s night trading.

Battery Producers Restrict Purchases or Stop Receiving Orders amid Sharp Rise in Cost, SMM Reports

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

Cargo holders made firm offers in response to tight supply, and downstream producers increased inquiries.

Aug 24, 2017 14:07

SMM Insight

Lead Spot Premiums Narrow amid Weaker SHFE 1710 Lead, 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

Primary Lead Inventory in Shanghai and Guangdong to Rally This Week, SMM Expects

Primary lead inventory in Shanghai and Guangdong inched up 400 tonnes to 29,400 tonnes last week.

Jul 24, 2017 13:23

Industry SMM Comments

Primary Lead Inventory in Shanghai and Guangdong to Rally This Week, SMM Expects

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

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 Prices Up 1.27% (2016-12-15)

SHFE 1702 lead opened at RMB 20,475/mt and finally closed at RMB 20,745/mt, up RMB 260/mt or 1.27%.

Dec 15, 2016 16:51

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

SMM Events & Webinars

All

Sep
22
- 2024 NET ZERO CHINA FIELD TRIP
  Sep 22 - 27,2024
  China
Sep
23
- 2024 NET ZERO PV Industry Conference
  Sep 23 - 25,2024
  Hefei, Anhui Province, China
Oct
01
- 2024 SMM LME LONDON WEEK EVENT - THE FUTURE OF GLOBAL METALS MARKET
  Oct 01 - 01,2024
  The future of metals market
  London , the United Kingdom

SHFE Lead Jumps 3.49% (2017-8-9)

SMM Events & Webinars

2024 NET ZERO CHINA FIELD TRIP

2024 NET ZERO PV Industry Conference

2024 SMM LME LONDON WEEK EVENT - THE FUTURE OF GLOBAL METALS MARKET