SHFE #1 Lead Price Movement on June 26

SMM Insight 02:04:25PM Jun 26, 2012 Source:SMM

SHANGHAI, Jun. 26 (SMM) – SHFE lead prices fluctuated down after opening lower on Tuesday. In China’s spot markets, well-known brands including Nanfang were quoted at RMB 14,880/mt, with premiums of RMB 150/mt against the most active SHFE lead price. Mengzi and Yubei were quoted at RMB 14,840/mt. Shenqian was quoted at RMB 14,820/mt. Some downstream buyers purchased branded lead in limited amounts at lower prices, but transactions were worse than the previous trading day in general.

Key Words:  lead price   spot lead 

SHFE #1 Lead Price Movement on June 26

SMM Insight 02:04:25PM Jun 26, 2012 Source:SMM

SHANGHAI, Jun. 26 (SMM) – SHFE lead prices fluctuated down after opening lower on Tuesday. In China’s spot markets, well-known brands including Nanfang were quoted at RMB 14,880/mt, with premiums of RMB 150/mt against the most active SHFE lead price. Mengzi and Yubei were quoted at RMB 14,840/mt. Shenqian was quoted at RMB 14,820/mt. Some downstream buyers purchased branded lead in limited amounts at lower prices, but transactions were worse than the previous trading day in general.

Key Words:  lead price   spot lead