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

SHFE #1 Lead Price Movement on July 12

Jul 12, 2012 13:39

Source:SMM

SHFE lead prices gapped lower and moved weakly Thursday, while spot lead prices edged down.

SHANGHAI, Jul. 12 (SMM) – SHFE lead prices gapped lower and moved weakly Thursday, while spot lead prices edged down. Quotations for Nanfang were mainly at RMB 15,080/mt, with spot premiums over the most active SHFE lead price at RMB 120/mt. Shenqian and brands from Gejiu region were quoted between RMB 14,980-15,000/mt. Offers for Hengchang were RMB 14,900/mt. Traders remained cautious due to negative market conditions, leaving transactions limited.

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SHFE #1 Lead Price Movement on July 12

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