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SHFE #1 Lead Price Movement (2013-2-21)
Feb 21,2013 16:12CST
smm insight
Source:SMM
On January 21, SHFE lead prices fell nearly RMB 200/mt, sending spot lead prices down.

SHANGHAI, Feb. 21 (SMM) – On February 21, SHFE lead prices fell nearly RMB 200/mt, sending spot lead prices down. Quotations for Jinsha were around RMB 14,840/mt, with spot discounts over the most active SHFE lead price narrowing to RMB 270/mt, but traded prices were mainly at RMB 14,800/mt. Hanjiang was offered at RMB 14,770-14,780/mt, some goods from Chengyuan and Shuangyan were also seen in the market, but downstream buyers were not willing to purchase given the falling prices, leaving transactions muted.
 

spot lead prices

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