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SHFE #1 Lead Price Movement (2013-2-4)
SHANGHAI, Feb. 4 (SMM) – On February 4, quotations and inquiries in China’s spot lead market were fewer with enterprises closing for the Chinese New Year holiday. Quotations for Chihong Zn & Ge rose above RMB 15,000/mt to RMB 15,030/mt, with spot discounts over the 1304 SHFE lead contract price at RMB 520/mt. Hanjiang and Shenqian were quoted at RMB 14,950/mt and RMB 14,880/mt, respectively. Transactions were rarely made at high prices.
SHFE #1 Lead Price Movement (2013-2-4)
SHANGHAI, Feb. 4 (SMM) – On February 4, quotations and inquiries in China’s spot lead market were fewer with enterprises closing for the Chinese New Year holiday. Quotations for Chihong Zn & Ge rose above RMB 15,000/mt to RMB 15,030/mt, with spot discounts over the 1304 SHFE lead contract price at RMB 520/mt. Hanjiang and Shenqian were quoted at RMB 14,950/mt and RMB 14,880/mt, respectively. Transactions were rarely made at high prices.
