Home / Metal News / Precious Metals / SHFE #1 Lead Price Movement (2012/10/10)
SHFE #1 Lead Price Movement (2012/10/10)
Oct 10,2012 15:05CST
smm insight
Source:SMM
SHFE lead prices opened RMB 100/mt lower and moved around RMB 15,860/mt on October 10, and spot lead prices in China’s spot lead market extended their declines.

SHANGHAI, Oct. 10 (SMM) – SHFE lead prices opened RMB 100/mt lower and moved around RMB 15,860/mt on October 10, and spot lead prices in China’s spot lead market extended their declines. Cargo holders were forced to lower prices due to weak demand. Well-known brands, including Chihong Zn & Ge and Nanfang, were mainly quoted at RMB 15,610-15,620/mt, with spot discounts over the most active SHFE lead contract price at RMB 250/mt. Shenqian was quoted at RMB 15,560/mt, while quotations for other brands were rarely reported. Some downstream enterprises purchased at lows, leaving trading improved from Tuesday.

 

spot lead prices
lead prices in China

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news