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SMM Brief Review - 2012/5/24 SHFE Lead Futures

iconMay 24, 2012 13:42
Chihong Zn & Ge was mainly quoted between RMB 15,240-15,250/mt.

SHANGHAI, May 24 (SMM) – On Thursday, SHFE lead prices opened lower and followed a weak trend. In China’s domestic spot market, selling interest was apparently lower with limited supply. Chihong Zn & Ge was mainly quoted between RMB 15,240-15,250/mt, with premiums of RMB 150/mt over the most active SHFE lead contract price. Shuangyan was quoted at RMB 15,150/mt. Transactions improved slightly as some buyers downstream purchased at low prices.

spot lead
lead price
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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