SHFE #1 Lead Price Movement on July 19-Shanghai Metals Market

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SHFE #1 Lead Price Movement on July 19

SMM Insight 01:52:41PM Jul 19, 2012 Source:SMM

SHANGHAI, Jul. 19 (SMM) – SHFE lead prices fluctuated up after opening higher on Thursday under the influence of positive economic data in US, and spot lead prices edged up with spread among brands narrowing. Nanfang and Shuikoushan were mainly quoted between RMB 15,100-15,120/mt, with spot premiums over the most active SHFE lead price at RMB 100/mt. Quotations for Mengzi and Shenqian were between RMB 15,070-15,080/mt. Downstream buyers only made inquiries due to high prices, leaving limited deals done.

Key Words:  lead price   SHFE lead 

SHFE #1 Lead Price Movement on July 19

SMM Insight 01:52:41PM Jul 19, 2012 Source:SMM

SHANGHAI, Jul. 19 (SMM) – SHFE lead prices fluctuated up after opening higher on Thursday under the influence of positive economic data in US, and spot lead prices edged up with spread among brands narrowing. Nanfang and Shuikoushan were mainly quoted between RMB 15,100-15,120/mt, with spot premiums over the most active SHFE lead price at RMB 100/mt. Quotations for Mengzi and Shenqian were between RMB 15,070-15,080/mt. Downstream buyers only made inquiries due to high prices, leaving limited deals done.

Key Words:  lead price   SHFE lead