SHFE #1 Lead Price Movement on May 18-Shanghai Metals Market

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SHFE #1 Lead Price Movement on May 18

SMM Insight 03:11:53PM May 18, 2012 Source:SMM

SHANGHAI, May 18 (SMM) – On Friday, SHFE 1208 lead contract became the most actively traded one. In domestic spot markets, quotations Chihong Zn & Ge, Nanfang were to between RMB 15,220-15,240/mt, with premiums of nearly RMB 100/mt over the most active SHFE lead contract price. Shuangyan was quoted at RMB 15,170/mt. Offers for lead from Gejiu region were at RMB 15,160/mt. Selling interest at smelters lowered further, and transactions were still quiet.

Key Words:  spot lead   lead price 

SHFE #1 Lead Price Movement on May 18

SMM Insight 03:11:53PM May 18, 2012 Source:SMM

SHANGHAI, May 18 (SMM) – On Friday, SHFE 1208 lead contract became the most actively traded one. In domestic spot markets, quotations Chihong Zn & Ge, Nanfang were to between RMB 15,220-15,240/mt, with premiums of nearly RMB 100/mt over the most active SHFE lead contract price. Shuangyan was quoted at RMB 15,170/mt. Offers for lead from Gejiu region were at RMB 15,160/mt. Selling interest at smelters lowered further, and transactions were still quiet.

Key Words:  spot lead   lead price