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SHANGHAI, Mar. 15 (SMM) – SHFE and spot lead prices opened higher on Friday but then fell slightly due to a lack of upward momentum. In China’s spot lead market, Chihong Zn & Ge was mainly quoted at RMB 14,600/mt, with spot discounts over the most active SHFE lead contract price at RMB 170/mt. Shuikoushan was quoted at RMB 14,580/mt, while quotations for Dongling were around RMB 14,530/mt. Downstream buyers only purchased as needed, and cargo holders were unwilling to move goods with bearish outlook.
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