【SMM Daily Lead Futures Commentary】The main SHFE lead contract 2410

Markets News

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

NewsFlash / Lead / SMM Daily: SHFE Lead Futures 2410 Open Strong, Close Up 1.52% on Short Covering

SMM Daily: SHFE Lead Futures 2410 Open Strong, Close Up 1.52% on Short Covering

Sep 24, 2024 15:55

Source:SMM

【SMM Daily Lead Futures Commentary】The main SHFE lead contract 2410 opened at RMB 16,635/tonne during the day, with prices first falling and then rising after the opening. Short positions reduced their holdings, and SHFE lead surged to RMB 16,715/tonne in the afternoon, closing at RMB 16,655/tonne, up 1.52%...

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

In Q3 2024, lead concentrate imports turned profitable, and the import window remained open, leading to increased activity in the lead concentrate trade market.

Sep 24, 2024 17:08

Industry

Data: SHFE, DCE market movement (Sep 24)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Sep 24, 2024

Sep 24, 2024 15:47

Analysis

Data: SHFE, DCE market movement (Sep 24)

Lead ingot social inventory rose to a two-month high, with attention on downstream pre-holiday restocking actions [SMM survey]

According to the SMM survey, as of September 23, the total social inventory of SMM lead ingots in five regions reached 65,600 mt, an increase of 6,500 mt compared to September 19, and an increase of 15,200 mt compared to September 12.

Sep 24, 2024 13:20

Industry

SMM Morning Comment For SHFE Base Metals On September 24

Overnight, LME copper opened at $9,454.5/mt.

Sep 24, 2024 09:59

Industry

For Lead Prices, Continue to Focus on Pre-Holiday Stocking [SMM Lead Morning Comment]

Overnight, LME lead opened at $2,048.5/mt.

Sep 24, 2024 09:53

Industry

"Guidelines for Equipment Renewal and Upgrade in Key Industrial Sectors" was released today by the Ministry of Industry and Information Technology

According to the "Guidelines for Equipment Renewal and Upgrade in Key Industrial Sectors" released today by the Ministry of Industry and Information Technology, China plans large-scale equipment renewal in 27 key industries.

Sep 23, 2024 16:26

Industry

Data: SHFE, DCE market movement (Sep 23)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Sep 23, 2024

Sep 23, 2024 15:48

Analysis

Data: SHFE, DCE market movement (Sep 23)

In August, the combined import volume of refined lead and lead materials exceeded 80,000 mt. What are the expected import conditions and volumes for September? [SMM Analysis]

According to customs data, in August 2024, the export volume of refined lead was 181 mt, down 48.61% MoM and 97.94% YoY.

Sep 23, 2024 11:14

Industry

After the Mid-Autumn Festival holiday, lead-acid battery enterprises focus on the transmission of favorable Q4 policies [SMM Survey]

According to the survey, from September 14 to September 20, 2024, the weekly operating rate of lead-acid battery enterprises in five provinces surveyed by SMM was 62.24%, a decrease of 6.87 percentage points compared to September 13.

Sep 23, 2024 11:13

Industry

SMM Morning Comment For SHFE Base Metals (September 23)

Last Friday evening, LME copper opened at $9,552/mt. After a slight initial decline, it rose to a high of $9,574/mt, then fell all the way down to $9,468/mt near the close.

Sep 23, 2024 09:51

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

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