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SHFE #1 Lead Price Movement (2013-1-21)
Jan 21,2013 14:58CST
smm insight
Source:SMM
In China’s spot lead market, quotations remained firm on Monday due to limited supply for branded goods.

SHANGHAI, Jan. 21 (SMM) – In China’s spot lead market, quotations remained firm on Monday due to limited supply for branded goods. Chihong Zn & Ge was quoted at around RMB 14,780/mt, with spot discounts of RMB 410/mt over the 1303 SHFE lead contract price. Quotations for Mengzi and Hanjiang were mainly at RMB 14,680/mt, while those for Shenqian were around RMB 14,660/mt. Transactions remained quiet with most downstream enterprises buying as needed.
 

China's spot lead prices

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