SMM Lead Price Forecast for March_SMM | Shanghai Non ferrous Metals

News

Markets News

Non-ferrous

Base Metals

Minor Metals

Precious Metals

Scrap Metals

Rare Earth

Photovoltaic

Steel

Brand Data Differentials Iron Ore Finished Steel Coke Coking Coal Other Coal Pig Iron

New Energy

Lithium Cobalt Ternary Precursor and Material Chemical Compound Lithium-ion Battery Used Lithium-ion Battery

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / Lead / SMM Lead Price Forecast for March

SMM Lead Price Forecast for March

Mar 15, 2023 16:55

CST

Source:SMM

Both the supply and demand of the lead market are expected to increase in March. Regional supply tightness will continue to exist. Combined with the of-season for lead, lead prices should have support but lack impetus to rise.

SHANGHAI, Mar 15 (SMM) – Both the supply and demand of the lead market are expected to increase in March. Regional supply tightness will continue to exist. Combined with the of-season for lead, lead prices should have support but lack impetus to rise.

SMM predicts that in the second half of March 2023, SHFE lead will move between 15,000-15,400 yuan/mt, and the spot prices will stand at 14,900-15,300/mt.

SMM

Market

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

In the spot market, Jinchuan nickel was quoted at premiums of 6,500-7,000 yuan/mt as of September 14, averaging at 6,750 yuan/mt, which was down 1,150 yuan/mt from the previous trading day.

Sep 14, 2022 11:26 timezone

CST

SMM Comments

Spot Prices of Pure Nickel Fell Slightly, with No Significant Improvement in Transactions

MMi Daily Iron Ore Report (September 9rd)

DCE iron ore futures rose largely by 3.74% today, the main contract closed 720.5. some traders were active to sell, Some steel mills tended to be wait-and-see, and purchasing enthusiasm is not high.

Sep 9, 2022 18:05 timezone

CST

Data Analysis SMM Comments SMM Insight

MMi Daily Iron Ore Report (September 9rd)

Zinc in Tianjin: Transactions Were Modest as Downstream Enterprises Purchased on Dips

At the beginning, as the premium in Tianjin rose slightly amid falling zinc prices, traders actively made shipments and downstream enterprises purchased on dips.

Sep 8, 2022 14:10 timezone

CST

SMM Comments

Zinc in Tianjin: Transactions Were Modest as Downstream Enterprises Purchased on Dips

MMi Daily Iron Ore Report (August 30rd)

DCE iron ore was was shocked and keep downaward all the day.The main contract closed at 682,decreased of 5.01%. Traders are generally motivated to ship.

Aug 30, 2022 18:11 timezone

CST

Data Analysis SMM Comments SMM Insight

SMM Evening Comments (Aug 29): Shanghai Nonferrous Metals Closed with Losses amid Extending Tight Monetary Policy Orientation

Shanghai nonferrous metals closed with losses as the market players were still weighing the hawkish speech from Fed Chair Powell last Friday, indicating that the tight monetary policy is needed for some time. And ECB management committee Kazaks also said the ECB should raise interest rates by at least 50 basis points in September.

Aug 29, 2022 18:00 timezone

CST

SMM Comments

SMM Evening Comments (Aug 29): Shanghai Nonferrous Metals Closed with Losses amid Extending Tight Monetary Policy Orientation

Peruvian Ministry of Economy and Finance: Copper Prices to Fall to $3.40/lb in 2023

On Thursday, the Ministry of Economy and Finance of Peru predicted that copper prices might drop from $3.90/lb on average this year to $3.40/lb in 2023. Peru is the second largest copper producer in the world.

Aug 26, 2022 10:53 timezone

CST

Industry News

Peruvian Ministry of Economy and Finance: Copper Prices to Fall to $3.40/lb in 2023

EMM Plants Held their Prices Firm Because of the High Bid Prices

On August 24, the average price of spot EMM in the main producing regions across China stood at 14,500-14,700 yuan/mt, up 100 yuan/mt from the previous trading day.

Aug 24, 2022 17:33 timezone

CST

SMM Comments

EMM Plants Held their Prices Firm Because of the High Bid Prices

MMi Daily Iron Ore Report (August 23rd)

DCE iron ore was was shocked and keep upward all the day.The main contract closed at 705,increased of 2.47 %. Traders are no more motivated to ship.

Aug 23, 2022 18:33 timezone

CST

Data Analysis SMM Comments SMM Insight

China's Imports of Tin Concentrate in July Rose Sharply, and Myanmar Contributed the Most

According to the customs data, China's imports of tin ore and concentrate stood at 23,064 mt in July, up 21.17% YoY. The imports totalled 151,272 mt from January to July, up 39.72% YoY.

Aug 22, 2022 17:00 timezone

CST

SMM Insight

China's Imports of Tin Concentrate in July Rose Sharply, and Myanmar Contributed the Most

Due to the Huge Increase in Raw Material Prices, DMC Prices Rose 1,850 yuan/mt on the Week!

As of last Friday, the DMC Prices stood at 20,800-21,000 yuan/mt, up 1,850 yuan/mt or 9.7%.

Aug 22, 2022 13:29 timezone

CST

SMM Comments

Due to the Huge Increase in Raw Material Prices, DMC Prices Rose 1,850 yuan/mt on the Week!

SMM Events & Webinars

All

May
30
- 2023 INDONESIA NICKEL AND COBALT INDUSTRY CHAIN CONFERENCE
  May 30 - 31,2023
  In order to better promote the exchange and development of the nickel and cobalt industry in China and Indonesia.
  JAKARTA, INDONESIA
May
16
- SMM the 18th International Zinc and Lead Summit & Expo 2023
  May 16 - 19,2023
  SMM the 18th International Zinc and Lead Summit & Expo 2023
  Hunan，Changsha, China
May
08
- 2023 8th International New Energy Conference And Industry Expo
  May 08 - 10,2023
  The theme of this conference is "Innovation Drives Development and Low Carbon Shapes the Future".
  Hunan•Changsha

Related news

SMM Events & Webinars

2023 INDONESIA NICKEL AND COBALT INDUSTRY CHAIN CONFERENCE

SMM the 18th International Zinc and Lead Summit & Expo 2023

2023 8th International New Energy Conference And Industry Expo