Home / Metal News / SHFE #1 Lead Price Movement (2013-3-5)

SHFE #1 Lead Price Movement (2013-3-5)

iconMar 5, 2013 13:44
Source:SMM
SHFE lead prices continued to fall on Tuesday due to declines in LME lead prices overnight, and spot lead prices in China also remained low.

SHANGHAI, Mar. 5 (SMM) – SHFE lead prices continued to fall on Tuesday due to declines in LME lead prices overnight, and spot lead prices in China also remained low. Quotations for Chihong Zn & Ge were at RMB 14,680/mt, with spot discounts over the most active SHFE lead contract price expanding to RMB 250/mt after the SHFE 1305 lead contract became the most active one. Prices for Nanfang were offered at RMB 14,650/mt. Shenqian and Hanjiang were quoted at RMB 14,610-14,620/m. Cargo holders supplied goods normally and some downstream buyers purchased at low prices, but transactions were fewer than the previous trading day.

 

SHFE lead prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All