Home / Metal News / Aluminium / SHFE #1 Lead Price Movement (2013-3-18)
SHFE #1 Lead Price Movement (2013-3-18)
Mar 18,2013 17:53CST
smm insight
Source:SMM
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

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news