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SHFE #1 Lead Price Movement on May 22
May 22,2012 13:58CST
smm insight
Source:SMM
On Tuesday, quotations for well-known lead brands in China’s spot markets, including Chihong Zn & Ge and Yuguang, were mainly at RMB 15,300/mt.

SHANGHAI, May 22 (SMM) – On Tuesday, quotations for well-known lead brands in China’s spot markets, including Chihong Zn & Ge and Yuguang, were mainly at RMB 15,300/mt, with premiums of RMB 50-60/mt over the SHFE 1208 lead contract price. Shuangyan was quoted at RMB 15,260/mt. Offers for lead from Gejiu region and Shenqian were between RMB 15,200-15,220/mt. Demand downstream remained modest, and transactions were limited though some dealers lowered prices for sales.

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