Metals News
SHFE #1 Lead Price Movement on May 15
smm insight
May 15,2012

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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