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SHFE #1 Lead Price Movement (2013-3-8)
Mar 8,2013 14:38CST
smm insight
Source:SMM
Spot lead prices in China edged up along with SHFE lead prices March 8.

SHANGHAI, Mar. 8 (SMM) – Spot lead prices in China edged up along with SHFE lead prices March 8. Quotations for Chihong Zn & Ge were firm due to tight supplies, and a few goods were traded at RMB 14,610/mt, with spot discounts over the most active SHFE lead contract price remaining at RMB 200/mt. Nanfang was quoted at RMB 14,570-14,580/mt, while Hanjiang was quoted at RMB 14,530/mt. Downstream buyers purchased at low prices, while smelters were reluctant to move goods due to low prices. Some traders replenished stocks modestly, believing lead prices were already low.

 

spot lead prices

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