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SHFE #1 Lead Price Movement on March 27
Mar 27,2012 13:42CST
smm insight
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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