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SHFE #1 Lead Price Movement (2013-2-22)

iconFeb 22, 2013 18:54
On January 22, quotations for Chihong Zn & Ge in China’s spot lead market were around RMB 14,880/mt.

SHANGHAI, Feb. 22 (SMM) – On February 22, quotations for Chihong Zn & Ge in China’s spot lead market were around RMB 14,880/mt, with spot discounts over the most active SHFE lead price narrowing to RMB 200/mt, driving some arbitrage traders liquidated positions. Shuangyan was offered at RMB 14,780/mt, while Dongling and Hanjiang were quoted at RMB 14,730-14,740/mt. Quotations for Shenqian were lower at RMB 14,720/mt. Downstream buyers only purchased as needed due to limited orders and unclear outlook.

spot lead prices
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