SHFE #1 Lead Price Movement on May 23-Shanghai Metals Market

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SHFE #1 Lead Price Movement on May 23

SMM Insight 01:39:51PM May 23, 2012 Source:SMM

SHANGHAI, May 23 (SMM) – SHFE lead prices opened lower Wednesday. In domestic spot markets, Chihong Zn & Ge was initially quoted around RMB 15,300/mt, with premiums of RMB 150/mt over the most active SHFE lead price, but quotations were lowered to RMB 15,250/mt along with the falling SHFE lead prices in the afternoon. Shuikoushan was quoted at around RMB 15,200/mt, while offers for Shenqian were at RMB 15,170/mt. Trading remained unimproved.

Key Words:  spot lead   lead price 

SHFE #1 Lead Price Movement on May 23

SMM Insight 01:39:51PM May 23, 2012 Source:SMM

SHANGHAI, May 23 (SMM) – SHFE lead prices opened lower Wednesday. In domestic spot markets, Chihong Zn & Ge was initially quoted around RMB 15,300/mt, with premiums of RMB 150/mt over the most active SHFE lead price, but quotations were lowered to RMB 15,250/mt along with the falling SHFE lead prices in the afternoon. Shuikoushan was quoted at around RMB 15,200/mt, while offers for Shenqian were at RMB 15,170/mt. Trading remained unimproved.

Key Words:  spot lead   lead price