SHANGHAI, Jul. 16 (SMM) – SHFE lead prices extended increase on Monday. Quotations for Nanfang and Shuikoushan were mainly between RMB 15,080-15,090/mt, with spot premiums over the most active SHFE lead price at RMB 130-140/mt. Mengzi was quoted at RMB 15,030/mt and Shenqian was quoted at RMB 15,010/mt. With lead prices rising further, smelters were more willing to move goods but traders and downstream buyers only waited on the sidelines due to the higher prices, leaving trading thin.