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Home / Metal News / SHFE #1 Lead Price Movement (2012-11-27)

SHFE #1 Lead Price Movement (2012-11-27)

Nov 27, 2012 16:31

Downstream buying interest in China’s spot lead market was further dampened Tuesday.

SHANGHAI, Nov. 27 (SMM) – SHFE lead prices fluctuated down after opening Tuesday, undermining market confidence. Downstream buying interest in China’s spot lead market was further dampened. Chihong Zn & Ge was quoted at RMB 14,850/mt, with spot discounts of RMB 400/mt over the 1301 SHFE lead contract price, and Nanfang was quoted at RMB 14,810/mt. Quotations for Mengzi were RMB 14,780/mt. Transactions were weaker than the previous trading day.

spot lead market

spot lead prices

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