SMM Brief Review - 2012/5/24 SHFE Lead Futures-Shanghai Metals Market

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

SMM Insight 01:42:57PM May 24, 2012 Source:SMM

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.

Key Words:  spot lead   lead price 

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

SMM Insight 01:42:57PM May 24, 2012 Source:SMM

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.

Key Words:  spot lead   lead price