SHFE #1 Lead Price Movement on June 14

SMM Insight 01:21:49PM Jun 14, 2012 Source:SMM

SHANGHAI, Jun. 14 (SMM) – On Thursday, branded lead in China’s spot lead market including Nanfang were quoted at RMB 15,100/mt, with spot premiums of RMB 100/mt against the most active SHFE lead contract price. Mengzi and brands from Gejiu region were quoted between RMB 15,020-15,040/mt. Offers of Shenqian was at RMB 14,980/mt. Smelters reported normal sales and dealer were more willing to sell. But downstream buyers were cautious.

Key Words:  spot lead   lead price 

SHFE #1 Lead Price Movement on June 14

SMM Insight 01:21:49PM Jun 14, 2012 Source:SMM

SHANGHAI, Jun. 14 (SMM) – On Thursday, branded lead in China’s spot lead market including Nanfang were quoted at RMB 15,100/mt, with spot premiums of RMB 100/mt against the most active SHFE lead contract price. Mengzi and brands from Gejiu region were quoted between RMB 15,020-15,040/mt. Offers of Shenqian was at RMB 14,980/mt. Smelters reported normal sales and dealer were more willing to sell. But downstream buyers were cautious.

Key Words:  spot lead   lead price