Home / Metal News / SHFE #1 Lead Price Movement on June 12

SHFE #1 Lead Price Movement on June 12

iconJun 12, 2012 15:22
On Tuesday, quotations for branded lead including Nanfang in China’s spot lead market were at RMB 15,100/mt.

SHANGHAI, Jun. 12 (SMM) – On Tuesday, quotations for branded lead including Nanfang in China’s spot lead market were at RMB 15,100/mt, with spot premiums of RMB 30/mt against the most active SHFE lead contract price. Shuikoushan was quoted at RMB 15,070/mt and brands from Gejiu region were quoted at RMB 15,040/mt. Offers of Shenqian was at RMB 14,960/mt. Dealers were willing to sell goods on bearish outlook, but buying interest downstream remained low, leaving transactions muted.

spot lead
lead price
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news