SHFE #1 Lead Price Movement on May 14-Shanghai Metals Market

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SHFE #1 Lead Price Movement on May 14

SMM Insight 01:36:09PM May 14, 2012 Source:SMM

SHANGHAI, May 14 (SMM) – On Monday, SHFE lead prices kept falling after opening and moved around RMB 15,600/mt. In China’s domestic spot markets, trading was light on bearish outlook. Quotations for well-known brands such as Chihong Zn & Ge, Chengyuan, and Nanfang were mainly between RMB 15,530-15,560/mt, with discounts of RMB 40-60/mt over the most active SHFE lead contract price. Brands from Gejiu region were quoted around RMB 15,380/mt.

Key Words:  SHFE lead   lead price 

SHFE #1 Lead Price Movement on May 14

SMM Insight 01:36:09PM May 14, 2012 Source:SMM

SHANGHAI, May 14 (SMM) – On Monday, SHFE lead prices kept falling after opening and moved around RMB 15,600/mt. In China’s domestic spot markets, trading was light on bearish outlook. Quotations for well-known brands such as Chihong Zn & Ge, Chengyuan, and Nanfang were mainly between RMB 15,530-15,560/mt, with discounts of RMB 40-60/mt over the most active SHFE lead contract price. Brands from Gejiu region were quoted around RMB 15,380/mt.

Key Words:  SHFE lead   lead price