Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / As the holidays approach, SHFE lead closed slightly lower [SMM Lead Morning Comment]

As the holidays approach, SHFE lead closed slightly lower [SMM Lead Morning Comment]

Feb 7, 2024 09:57

Source:SMM

LME lead prices opened at $2110.5/mt and closed at $2116.5/mt last evening, up $10.5/mt or 0.5%, with the low-end of $2110/mt and the high-end of $2136.5/mt.

SHANGHAI, Feb 7 (SMM) - LME lead prices opened at $2110.5/mt and closed at $2116.5/mt last evening, up $10.5/mt or 0.5%, with the low-end of $2110/mt and the high-end of $2136.5/mt.
The SHFE 2403 lead contract opened at 16185 yuan/mt last night, hitting the lowest point at 16155 yuan/mt, and closed at 16100 yuan/mt, down 45 yuan/mt or 0.28%.

Market review

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

Yesterday, low-sulfur coking coal in Lvliang, Shanxi was quoted at 2,100 yuan/mt, while the quotation was 2,400 yuan/mt in Linfen and 2,100 yuan/mt in Tangshan.

Oct 8, 2023 15:36

Industry

Short-term Coke Market Is Expected To Remain Stable

Silicon Wafer Price Plummet Amid Mounting Inventory Pressure

This week, the prevailing price for domestic M10-182mm monocrystalline silicon wafers was 3.08- 3.10 yuan/piece, and for 210mm monocrystalline silicon wafers, it was 4.08-4.10 yuan/piece.

Sep 28, 2023 19:41

Industry

Data: SHFE, DCE market movement (Sep 26)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Sep 26, 2023

Sep 26, 2023 15:31

Analysis

Data: SHFE, DCE market movement (Sep 26)

SMM Lead Morning Comments

LME lead prices opened at $2,205/mt overnight with the low-end of $2,163/mt. LME lead finally closed at $2184.5/mt, down 1.09%.

Sep 22, 2023 09:55

Industry

Guangdong Zinc: Premiums Continued To Fall Sharply

#0 zinc in Guangdong was traded at 21815~21900 yuan/mt today.

Sep 21, 2023 14:17

Industry

Spot Premiums of Zinc In Tianjin Were Firm

In Tianjin, #0 zinc ingot was mostly traded at 22100~22340 yuan/mt, Zijin zinc 22180~22380 yuan/mt, and Huludao zinc 26820 yuan/mt.

Sep 21, 2023 14:17

Industry

PV glass production increased as rising profits drove producers to ramp up production

Currently, the domestic prices for photovoltaic glass are increasing.

Sep 20, 2023 13:52

Industry

SMM daily comment on domestic HRC market (Aug 30)

HRC futures fluctuated and closed at 3,870 yuan/mt today, an increase of 0.39%.

Aug 30, 2023 19:58

Industry

SMM daily comment on domestic HRC market (Aug 30)

World alumina production in July’23 grows above 12 MT, with daily output improving by 1%

In July 2023, the world alumina production saw a month-on-month rise of 4.32 per cent to reach 12.179 million tonnes, found the International Aluminium Institute (IAI).

Aug 30, 2023 19:41

Industry

World alumina production in July’23 grows above 12 MT, with daily output improving by 1%

Chip Crisis Restaged on the Temporary Closure of Two Ukraine Neon Gas Suppliers

The Russian-Ukrainian conflict has been ongoing for several weeks and the global commodities market has seen dramatic volatility as a result. This comes after the market erupted in concerns over the supply of Russian nickel metal, with LME nickel prices surging above $100,000 per tonne in a single day.

Mar 22, 2022 14:26

SMM Insight

Chip Crisis Restaged on the Temporary Closure of Two Ukraine Neon Gas Suppliers

SMM Events & Webinars

All

Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  London , the United Kingdom
Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Stainless Steel Industry Conference 2025
  Oct 20 - 21,2025
  Xiamen, China

As the holidays approach, SHFE lead closed slightly lower [SMM Lead Morning Comment]

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025