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SHFE #1 Lead Price Movement (2013-3-21)
Mar 21,2013 17:42CST
smm insight
Source:SMM
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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