SHFE #1 Lead Price Movement on June 4-Shanghai Metals Market

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SHFE #1 Lead Price Movement on June 4

SMM Insight 03:32:18PM Jun 04, 2012 Source:SMM

SHANGHAI, Jun. 4 (SMM) – On Monday, SHFE lead prices opened lower and followed a weak trend due to disappointing economic data. In China’s domestic spot market, spot lead prices edged down, quotations Nanfang were at RMB 15,080/mt, with premiums of RMB 120/mt over the most active SHFE lead price. Shenqian and lead from Gejiu region were quoted between RMB 14,980-15,000/mt, while Hengchang was offered at RMB 14,900/mt. Transactions were limited with enterprises downstream remaining cautious.

Key Words:  spot lead   lead price 

SHFE #1 Lead Price Movement on June 4

SMM Insight 03:32:18PM Jun 04, 2012 Source:SMM

SHANGHAI, Jun. 4 (SMM) – On Monday, SHFE lead prices opened lower and followed a weak trend due to disappointing economic data. In China’s domestic spot market, spot lead prices edged down, quotations Nanfang were at RMB 15,080/mt, with premiums of RMB 120/mt over the most active SHFE lead price. Shenqian and lead from Gejiu region were quoted between RMB 14,980-15,000/mt, while Hengchang was offered at RMB 14,900/mt. Transactions were limited with enterprises downstream remaining cautious.

Key Words:  spot lead   lead price