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Home / Metal News / SHFE #1 Lead Price Movement (2013-3-18)

SHFE #1 Lead Price Movement (2013-3-18)

Mar 18, 2013 17:53

SHFE lead prices fell over 1.5% on Monday, with spot lead prices falling below the cost line.

SHANGHAI, Mar. 18 (SMM) – As SHFE lead prices fell over 1.5% on Monday, with spot lead prices falling below the cost line, cargo holders were more reluctant to move goods, leaving quotations rare. Quotations for Chihong Zn & Ge and Nanfang were mainly at RMB 14,480/mt, with spot premiums of RMB 20/mt over the most active SHFE lead contract price. Shuangyan was quoted at RMB 14,400/mt. Downstream enterprises intended to purchase at low prices, but cargo holders were unwilling to sell, leaving transactions limited.

spot lead prices

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