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SHFE #1 Lead Price Movement on July 17
Jul 17,2012 14:00CST
smm insight
Source:SMM
SHFE lead prices opened slightly higher and moved weakly on Tuesday.

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.
 

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