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.
SHFE #1 Lead Price Movement on July 20
Key Words: lead price spot lead
