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Home / Metal News / SHFE #1 Lead Price Movement on August 13

SHFE #1 Lead Price Movement on August 13

Aug 13, 2012 13:28

Source:SMM

SHFE lead prices were under resistance at RMB 15,000/mt on August 13, but spot lead prices in China's domestic market remained relatively firm.

SHANGHAI, Aug. 13 (SMM) – SHFE lead prices were under resistance at RMB 15,000/mt on August 13, but spot lead prices in China's domestic market remained relatively firm. Quotations for Nanfang, and Chihong Zn & Ge were between RMB 15,090-15,100/mt, with spot premiums over the most active SHFE lead price at RMB 100/mt. Offers for Mengzi and Dongling were mainly around RMB 15,050/mt, while quotations for Shenqian remianed at RMB 15,020/mt. Both sellers and buyers believed prices will not show violent changes, leaving trading light.

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SHFE #1 Lead Price Movement on August 13

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