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SHFE #1 Lead Price Movement on March 15
Mar 15,2012 13:16CST
smm insight
Source:SMM
On Thursday, SHFE lead prices gapped lower.

SHANGHAI, Mar. 15 (SMM) – On Thursday, SHFE lead prices gapped lower. In domestic spot markets, spot prices fell by RMB 100/mt, quotations for brands such as Chihong Zn & Ge, Yubei were around RMB 15,850/mt, close to SHFE 1205 lead price. Prices for Dongling were between RMB 15,800-15,820/mt. Downstream buyers were cautious with bearish outlook, and transactions were modest.

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