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SHFE #1 Lead Price Movement on June 29

iconJun 29, 2012 16:24
Source:SMM
SHFE lead prices rallied to RMB 14,605/mt after opening on Friday.

SHANGHAI, Jun. 29 (SMM) – SHFE lead prices rallied to RMB 14,605/mt after opening on Friday. Quotations in China’s spot lead markets moved up. Well-known brands including Chengyuan were quoted at RMB 14,650/mt. Dongling was quoted RMB 100/mt higher than SHFE 1209 lead contract price. Offers from Shenqian were between RMB 14,590-14,600/mt. Quotations from Nanfang were rarely reported. Smelters remained reluctant to sell goods, but downstream buying interest improved.

lead price
spot price

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