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Home / Metal News / SHFE #1 Lead Price Movement (2013-3-21)

SHFE #1 Lead Price Movement (2013-3-21)

Mar 21, 2013 17:42

SHFE lead prices gapped higher on Thursday due to positive HSBC PMI for March, and spot lead prices in China also edged up.

SHANGHAI, Mar. 21 (SMM) – SHFE lead prices gapped higher on Thursday due to positive HSBC PMI for March, and spot lead prices in China also edged up. Prices for Chihong Zn & Ge and Nanfang were mainly offered at RMB 14,480-14,490/mt, with spot discounts of RMB 100/mt against the most active SHFE lead contract price. Quotations for Shenqian were at RMB 14,440/mt. Cargo holders lowered prices but downstream buyers still purchased as needed.

spot lead prices

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