SHFE #1 Lead Price Movement on June 20-Shanghai Metals Market

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SHFE #1 Lead Price Movement on June 20

SMM Insight 02:15:24PM Jun 20, 2012 Source:SMM

SHANGHAI, Jun. 20 (SMM) – SHFE lead prices fluctuated around RMB 15,065/mt on Wednesday. In domestic spot markets, dealers were actively moving goods ahead of the Chinese Dragon Boat Festival. Quotations for Nanfang and Shuikoushan were RMB 15,130/mt, with premiums of RMB 60/mt against the most active SHFE lead price. Hanjiang was quoted at RMB 15,070/mt, while Mengzi was quoted at RMB 15,080/mt. Quotations for Shenqian and brands from Gejiu region were between RMB 15,050-15,060/mt. Downstream enterprises were not intended to replenish stocks in large amounts, leaving trading light.

Key Words:  spot lead   lead price 

SHFE #1 Lead Price Movement on June 20

SMM Insight 02:15:24PM Jun 20, 2012 Source:SMM

SHANGHAI, Jun. 20 (SMM) – SHFE lead prices fluctuated around RMB 15,065/mt on Wednesday. In domestic spot markets, dealers were actively moving goods ahead of the Chinese Dragon Boat Festival. Quotations for Nanfang and Shuikoushan were RMB 15,130/mt, with premiums of RMB 60/mt against the most active SHFE lead price. Hanjiang was quoted at RMB 15,070/mt, while Mengzi was quoted at RMB 15,080/mt. Quotations for Shenqian and brands from Gejiu region were between RMB 15,050-15,060/mt. Downstream enterprises were not intended to replenish stocks in large amounts, leaving trading light.

Key Words:  spot lead   lead price