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SHFE #1 Lead Price Movement (2013-3-6)

iconMar 6, 2013 14:01
Source:SMM
SHFE 1305 lead contract price fell further on March 6, but spot lead prices in China remained stable.

SHANGHAI, Mar. 6 (SMM) – SHFE 1305 lead contract price fell further on March 6, but spot lead prices in China remained stable. Quotations for Chihong Zn & Ge were at RMB 14,670/mt, with spot discounts over the most active SHFE lead contract price at RMB 200/mt. Prices for Nanfang were offered at RMB 14,650/mt. Tongguan and Hanjiang were quoted at RMB 14,580-14,600/m. Goods holders actively moved goods due to inventory pressure, while downstream consumption showed a sign of stabilizing.
 

SHFE lead prices

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