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SHFE #1 Lead Price Movement (2013-2-27)
Feb 27,2013 17:17CST
smm insight
Source:SMM
On February 27, SHFE lead prices opened slightly higher and regained losses on Tuesday, while spot lead demand remained weak.

SHANGHAI, Feb. 27 (SMM) – On February 27, SHFE lead prices opened slightly higher and regained losses on Tuesday, while spot lead demand remained weak with downstream enterprises still buying as needed. Most downstream buyers only consumed existing inventories due to poor orders, but cargo holders still held prices firm. 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.
 

spot lead prices

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