SHFE #1 Lead Price Movement on May 28-Shanghai Metals Market

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SHFE #1 Lead Price Movement on May 28

SMM Insight 02:29:50PM May 28, 2012 Source:SMM

SHANGHAI, May 28 (SMM) – On Monday, SHFE lead prices fluctuated up after opening higher. In China’s domestic spot market, offers were fewer with most market players expecting pricesto increase. Quotations for Chihong Zn & Ge were initially at RMB 15,260/mt, with premiums of RMB 50/mt over the most active SHFE lead contract price, but rose to RMB 15,290/mt along with SHFE lead prices. Prices for brands from Gejiu region were at RMB 15,160/mt. Trading remained light on the whole.

Key Words:  spot lead   lead price 

SHFE #1 Lead Price Movement on May 28

SMM Insight 02:29:50PM May 28, 2012 Source:SMM

SHANGHAI, May 28 (SMM) – On Monday, SHFE lead prices fluctuated up after opening higher. In China’s domestic spot market, offers were fewer with most market players expecting pricesto increase. Quotations for Chihong Zn & Ge were initially at RMB 15,260/mt, with premiums of RMB 50/mt over the most active SHFE lead contract price, but rose to RMB 15,290/mt along with SHFE lead prices. Prices for brands from Gejiu region were at RMB 15,160/mt. Trading remained light on the whole.

Key Words:  spot lead   lead price