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Home / Metal News / SHFE #1 Lead Price Movement on March 27

SHFE #1 Lead Price Movement on March 27

Mar 27, 2012 13:42

Source:SMM

On Tuesday, SHFE lead prices continued fluctuations after opening.

SHANGHAI, Mar. 27 (SMM) – On Tuesday, SHFE lead prices continued fluctuations after opening. Traders were actively moving goods for the tight cash flows by month’s end. Well-known brands such as Chihong Zn & Ge and Yuguang were quoted between RMB 15,730-15,750/mt, and quotations for Chengyuan, Dongling and Jinguan were mainly around RMB 15,700/mt, with premiums over SHFE 1206 lead contract price between RMB 70-100/mt. Downstream buyers only made inquiries often and purchased in limited amounts, leaving transactions modest.

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SHFE 1704 lead opened at RMB 17,945/mt and ended at RMB 18,160/mt, up RMB 335/mt or 1.88%.

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LME Lead to Remain Tight Range (2017-3-8)

LME lead is expected to trade at USD 2,200-2,250/mt and SHFE 1704 lead will move between RMB 17,500-18,200/mt.

Mar 8, 2017 09:59

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SMM Comments

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Dec 19, 2016 10:15

SMM Comments

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SMM Comments

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SHFE #1 Lead Price Movement on March 27

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