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Home / Metal News / SHFE #1 Lead Price Movement on May 15

SHFE #1 Lead Price Movement on May 15

May 15, 2012 14:37

Source:SMM

On Tuesday, lead prices in China’s domestic spot markets fell, with quotations for well-known brands such as Chihong Zn & Ge, Shuikoushan mainly around RMB 15,500/mt

SHANGHAI, May 15 (SMM) – On Tuesday, lead prices in China’s domestic spot markets fell, with quotations for well-known brands such as Chihong Zn & Ge, Shuikoushan mainly around RMB 15,500/mt, close to the most active SHFE lead contract price. Tongguan was quoted at RMB 15,420/mt. Prices for lead from Gejiu region remained low at around RMB 15,320/mt, but some dealers were reluctant to move goods at low prices. Enterprises downstream were still not willing to buy due to poor orders, leaving trading light.

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