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SHFE #1 Lead Price Movement on March 21

iconMar 21, 2012 13:14
Source:SMM
On Wednesday, spot prices in domestic markets fell remarkably.

SHANGHAI, Mar. 21 (SMM) – On Wednesday, spot prices in domestic markets fell remarkably. Quotations for brands such as Yuguang and Shuikoushan were between RMB 15,730-15,750/mt, and Shenqian was quoted around RMB 15,670/mt. Traders were actively moving goods but most downstream buyers only purchased on an as-needed basis and directly from smelters. Only limited transactions were made.

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