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DashboardDatabaseProReportsEventsConsultingSHANGHAI, Aug. 29 (SMM) – SHFE lead prices stabilized on August 28. In China’s domestic spot markets, Nanfang and Chihong Zn & Ge were mainly traded at RMB 15,150-15,160/mt, with spot discounts over the most active SHFE lead price at RMB 10-20/mt. Quotations for Mengzi were at RMB 15,100/mt, and for Shenqian at RMB 15,070/mt. Smelters were more willing to sell goods due to the financial pressures at month’s end, limiting increase in lead prices, while downstream purchases were modest.
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