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SHFE #1 Lead Price Movement on June 4
Jun 4,2012 15:32CST
smm insight
Source:SMM
On Monday, SHFE lead prices opened lower and followed a weak trend due to disappointing economic data.

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.

spot lead
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