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SHFE #1 Lead Price Movement (2013-2-25)
Feb 25,2013 18:39
CSTsmm insight
Source:SMM
On February 25, SHFE lead prices moved lower with spot lead prices in China also falling.
SHANGHAI, Feb. 25 (SMM) – On February 25, SHFE lead prices moved lower with spot lead prices in China also falling. Quotations for Chihong Zn & Ge were around RMB 14,860/mt, with spot discounts over the most active SHFE lead price narrowing to RMB 140/mt, driving some arbitrage traders to book profits. Dongling and Hanjiang were quoted at RMB 14,740/mt. Quotations for Shenqian were at RMB 14,700/mt. Downstream buying interest remained unimproved, leaving trading muted.
spot lead prices
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