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Home / Metal News / SHFE #1 Lead Price Movement on July 20

SHFE #1 Lead Price Movement on July 20

Jul 20, 2012 13:10

In China’s spot lead market, Nanfang and Shuikoushan were mainly quoted at RMB 15,120/mt, and Yubei was quoted between RMB 15,100-15,110/mt Friday.

SHANGHAI, Jul. 20 (SMM) – SHFE lead prices remained stable on Friday. In China’s spot market, Nanfang and Shuikoushan were mainly quoted at RMB 15,120/mt, and Yubei was quoted between RMB 15,100-15,110/mt, with spot premiums of RMB 60/mt over the SHFE 1209 lead contract price. Quotations for Shenqian were around RMB 15,070/mt. Smelters and traders reported normal sales but downstream buyers were still sidelined, leaving limited transactions done. Supply decreased again close to midday on account of falling SHFE lead prices.

lead price

spot lead

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