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SHFE #1 Lead Price Movement on June 5

iconJun 5, 2012 15:01
Source:SMM
SHFE lead prices opened slightly higher Tuesday.

SHANGHAI, Jun. 5 (SMM) – SHFE lead prices opened slightly higher Tuesday. Well-known brands in domestic spot market, including Nanfang and Chihong Zn & Ge, were quoted between RMB 15,100-15,120/mt, with premiums of RMB 100/mt over the most active SHFE lead price. Brands from Gejiu region were quoted around RMB 15,000/mt. Some enterprises downstream made purchases, and dealers and smelters moved goods moderately, leaving transactions improved from last week.
 

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