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SHFE #1 Lead Price Movement on May 21
May 21,2012 16:16CST
smm insight
Source:SMM
SHFE lead prices stabilized on Monday.

SHANGHAI, May 21 (SMM) – SHFE lead prices stabilized on Monday. In domestic spot markets, most dealers were not willing to move goods on bullish outlook. Chihong Zn & Ge was initially quoted around RMB 15,250/mt and later climbed to RMB 15,300/mt due to the rising SHFE lead prices. Shuangyan was quoted at RMB 15,240/mt. Offers for lead from Gejiu region were at RMB 15,220/mt. Both sellers and buyers were not actively entering market.

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