SHFE #1 Lead Price Movement on May 7-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Rare earths
  • Rare earth
  • Market commentary
  • Aluminium
  • Zinc
  • Copper
  • Macroeconomics
  • Sales data
  • MMi Iron Ore Port Index
  • Iron ore
  • precious metals
  • Nickel
  • Futures movement
  • Tin

SHFE #1 Lead Price Movement on May 7

SMM Insight 02:59:52PM May 07, 2012 Source:SMM

SHANGHAI, May 7 (SMM) – SHFE lead prices opened lower on Monday. In China’s domestic markets, quotations for Chihong Zn & Ge and Chengyuan were mainly at around RMB 15,650/mt, and Tongguan was quoted at RMB 15,620/mt, with discounts against the most active SHFE lead prices narrowing from RMB 100/mt to RMB 50-70/mt. Shuangyan was quoted at RMB 15,550/mt, and offer for Shenqian was around RMB 15,500/mt. Transactions were modest despite improved selling interest among dealers.

Key Words:  spot lead   lead price 

SHFE #1 Lead Price Movement on May 7

SMM Insight 02:59:52PM May 07, 2012 Source:SMM

SHANGHAI, May 7 (SMM) – SHFE lead prices opened lower on Monday. In China’s domestic markets, quotations for Chihong Zn & Ge and Chengyuan were mainly at around RMB 15,650/mt, and Tongguan was quoted at RMB 15,620/mt, with discounts against the most active SHFE lead prices narrowing from RMB 100/mt to RMB 50-70/mt. Shuangyan was quoted at RMB 15,550/mt, and offer for Shenqian was around RMB 15,500/mt. Transactions were modest despite improved selling interest among dealers.

Key Words:  spot lead   lead price