Home / Metal News / SHFE #1 Lead Price Movement (2013-3-14)

SHFE #1 Lead Price Movement (2013-3-14)

iconMar 14, 2013 11:50
Source:SMM
SHFE and spot lead prices both fell Thursday.

SHANGHAI, Mar. 14 (SMM) – SHFE and spot lead prices both fell Thursday. Chihong Zn & Ge was mainly quoted at RMB 14,600/mt, with spot discounts over the most active SHFE lead contract price at RMB 100/mt. Prices for Nanfang were offered at RMB 14,560/mt, while Shuangyan was quoted at RMB 14,480/mt. The continuous declines in lead prices and weak demand intensified market concerns. As such, downstream buyers still purchased on an as-needed basis, and smelters were unwilling to move goods at low prices, leaving a stalemate between suppliers and buyers.
 

spot 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