SHFE #1 Lead Price Movement on February 20

SMM Insight 01:58:08PM Feb 20, 2012 Source:SMM

SHANGHAI, Feb. 20 (SMM) – On Monday, SHFE lead price moved below RMB 15,700/mt. In China’s domestic spot markets, quotations for well-known brands such as Chihong Zn & Ge, Chengyuan and Shuikoushan were RMB 15,650-15,700/mt, with premiums of RMB 0-30/mt against the most active SHFE lead contract price. Transactions were rarely seen due to higher prices, and quotations for lead from Gejiu were hardly reported. Other brands were mainly quoted at RMB 15,520/mt. Trading market improved moderately as lead prices tended to stabilize.

Key Words:  SHFE lead   spot lead   lead price 

SHFE #1 Lead Price Movement on February 20

SMM Insight 01:58:08PM Feb 20, 2012 Source:SMM

SHANGHAI, Feb. 20 (SMM) – On Monday, SHFE lead price moved below RMB 15,700/mt. In China’s domestic spot markets, quotations for well-known brands such as Chihong Zn & Ge, Chengyuan and Shuikoushan were RMB 15,650-15,700/mt, with premiums of RMB 0-30/mt against the most active SHFE lead contract price. Transactions were rarely seen due to higher prices, and quotations for lead from Gejiu were hardly reported. Other brands were mainly quoted at RMB 15,520/mt. Trading market improved moderately as lead prices tended to stabilize.

Key Words:  SHFE lead   spot lead   lead price