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SHFE #1 Lead Price Movement on July 26
Jul 26,2012 13:58CST
smm insight
Source:SMM
SHFE lead prices remained stable July 26. With more goods supplied from warehouses, spot lead prices were lowered.

SHANGHAI, Jul. 26 (SMM) – SHFE lead prices remained stable July 26. With more goods supplied from warehouses, spot lead prices were lowered. Nanfang and Shuikoushan were quoted at RMB 14,930/mt, with spot premiums over the most active SHFE lead price at RMB 150/mt. Quotations for Shenqian and Mengzi were at RMB 14,910-14,920/mt, and offers from Yubei were mainly around RMB 14,920/mt, with premiums over the SHFE 1209 lead contract price at RMB 90/mt. Jinli sold goods in large amounts on Thursday with prices mainly around RMB 14,880/mt. Trading improved from the previous trading day.
 

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