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Home / Metal News / SHFE #1 Lead Price Movement on February 7

SHFE #1 Lead Price Movement on February 7

Feb 7, 2012 13:55

Source:SMM

SHFE lead prices fell after opening lower on Tuesday.

SHANGHAI, Feb. 7 (SMM) – SHFE lead prices fell after opening lower on Tuesday. In domestic spot markets, domestic well-known brands such as Nanfang and Chihong Zn & Ge were preliminarily quoted at RMB 16,050/mt. Later, spot prices fell to around RMB 16,000/mt influenced by SHFE lead prices, with discounts against SHFE lead prices remaining at RMB 100/mt. Others including lead from Gejiu were quoted at RMB 15,900/mt. Purchases did not improve due to weak demand.

SHFE #1 lead

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SHFE #1 Lead Price Movement on February 7

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