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SHFE #1 Lead Price Movement (2012-11-2)
Nov 2, 2012 20:17Source:SMM
In China’s domestic spot lead markets, prices for Nanfang and Chihong Zn & Ge were RMB 15,050-15,060/mt Friday.
SHANGHAI, Nov. 2 (SMM) – In China’s domestic spot lead markets, prices for Nanfang and Chihong Zn & Ge were RMB 15,050-15,060/mt Friday, with spot discounts over the most active SHFE lead contract price at RMB 250/mt. Tongguan was mainly offered at RMB 15,020/mt. Prices for Shenqian and Mengzi were quoted at RMB 14,960-14,980/mt. Price gap between leading and other brands narrow from RMB 200/mt to RMB 100/mt. Downstream buying interest improved compared with the previous trading day.
spot lead market
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