SHFE #1 Lead Price Movement on July 17-Shanghai Metals Market

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SHFE #1 Lead Price Movement on July 17

SMM Insight 02:00:40PM Jul 17, 2012 Source:SMM

SHANGHAI, Jul. 17 (SMM) – SHFE lead prices opened slightly higher and moved weakly on Tuesday. Offers in China’s spot lead market edged up. Nanfang and Shuikoushan were mainly quoted between RMB 15,090-15,100/mt, with spot premiums over the most active SHFE lead price at RMB 100/mt. Quotations for Mengzi and Hanjiang were at RMB 15,060-15,070/mt and Shenqian was quoted at around RMB 15,030/mt. As lead prices kept rising, downstream buyers remained cautious with limited deals made.
 

Key Words:  lead price   spot lead 

SHFE #1 Lead Price Movement on July 17

SMM Insight 02:00:40PM Jul 17, 2012 Source:SMM

SHANGHAI, Jul. 17 (SMM) – SHFE lead prices opened slightly higher and moved weakly on Tuesday. Offers in China’s spot lead market edged up. Nanfang and Shuikoushan were mainly quoted between RMB 15,090-15,100/mt, with spot premiums over the most active SHFE lead price at RMB 100/mt. Quotations for Mengzi and Hanjiang were at RMB 15,060-15,070/mt and Shenqian was quoted at around RMB 15,030/mt. As lead prices kept rising, downstream buyers remained cautious with limited deals made.
 

Key Words:  lead price   spot lead