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SHFE #1 Lead Price Movement (2013-3-13)
Mar 13,2013 17:20CST
smm insight
Source:SMM
SHFE lead prices moved up on March 13 due to the rising LME lead prices overnight.

SHANGHAI, Mar. 13 (SMM) – SHFE lead prices moved up on March 13 due to the rising LME lead prices overnight. Quotations in domestic spot lead market increased with the approach of the delivery date. Quotations for Chihong Zn & Ge and Yubei were flat at the SHFE 1303 lead contract price. Chihong Zn & Ge was quoted at RMB 14,640/mt, with spot discounts over the most active SHFE lead contract price at RMB 130/mt. Tongguang was quoted at RMB 14,620/mt, while Shuangyan was offered at RMB 14,530/mt. Downstream buyers only purchased at low prices, and smelters moved goods cautiously, leaving trading muted.
 

spot lead prices
lead prices in China

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