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SHFE #1 Lead Price Movement (2013-2-26)

iconFeb 26, 2013 15:51
Source:SMM
On February 26, SHFE lead prices stopped falling and mvoed around RMB 15,000/mt, and cargo holders in spot lead market were reluctant to move goods.

SHANGHAI, Feb. 26 (SMM) – On February 26, SHFE lead prices stopped falling and mvoed around RMB 15,000/mt, and cargo holders in spot lead market were reluctant to move goods, expecting SHFE lead to stabilize, leaving quotations fewer than Monday. Prices for Chihong Zn & Ge were offered around RMB 14,850/mt, with spot discounts over the most active SHFE lead price at RMB 200/mt. Dongling and Shenqian were quoted at RMB 14,710-14,720/mt. Downstream buyers purchased at lows, with transactions improving slightly.
 

spot lead prices
quotations for spot lead

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