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SHFE #1 Lead Price Movement (2013-3-12)
Mar 12,2013 14:37
CSTsmm insight
Source:SMM
In China’s spot lead market, prices remained firm on Tuesday.
SHANGHAI, Mar. 12 (SMM) – In China’s spot lead market, prices remained firm on Tuesday. Smelters were not willing to move goods at the current low prices, while downstream buyers purchased cautiously, with transactions unimproved. Quotes for Chihong Zn & Ge were around RMB 14,620/mt, with spot discounts over the most active SHFE lead contract price at RMB 140/mt. Nanfang was quoted at RMB 14,580/mt. Dongling, Hanjiang, and Shenqian were quoted at RMB 14,560/mt.
spot lead prices
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