Spot lead prices in China increased RMB 50/mt on Monday, as some downstream buyers began replenishing goods for the Chinese Dragon Boat Festival.
SHANGHAI, Jun. 3 (SMM) – Spot lead prices in China increased RMB 50/mt on Monday, as some downstream buyers began replenishing goods for the Chinese Dragon Boat Festival. Chihong Zn & Ge was quoted at RMB 13,950/mt, with spot discounts of RMB 100/mt over the most active SHFE lead contract price. Tongguan was quoted at RMB 13,920/mt, and Hanjiang was offered at RMB 13,900/mt, with traded prices RMB 20/mt lower than quotes. Cargo holders moved goods normally. Trading improved from last week.
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