Metals News
SHFE #1 Lead Price Movement on July 23
smm insight
Jul 23,2012

SHANGHAI, Jul. 23 (SMM) – SHFE lead prices gapped lower and followed a weak trend July 23 influenced by the falling LME lead prices last Friday. In China’s spot lead market, offers for some brands fell below RMB 15,000/mt again. Shenqian and Mengzi were mainly quoted between RMB 14,960-14,980/mt, and Shuikoushan was quoted at RMB 15,000/mt. Quotations for Nanfang were RMB 15,050/mt, with spot premiums of RMB 160/mt over the most active SHFE lead price. Selling interest at smelters was low as lead prices dropped, while downstream buyers remained cautious due to bearish outlook.

lead price
spot lead
For queries, please contact Frank LIU at
For more information on how to access our research reports, please email
Related Price

No Data