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Shanghai Lead Price Loses 3.90% on Dec. 17 , Leading Losses in Nonferrous Metals Market

Release time:2014-12-18

Dec 17, 2014 08:45 GMT   Source:SMM

 

 

SHANGHAI, Dec. 17 (SMM) – The price of SHFE 1502 lead contract fell 3.90% on Dec. 17, leading price losses in China’s nonferrous metals futures market. 

On the day, prices of copper , aluminum and zinc , all for February delivery, dropped 1.13%, 1.05%, and 1.22%, respectively. 

In China’s domestic spot market, lead prices lost 300 yuan per tonne, tracking the plunge in lead futures market. 

The price of SMM #1 lead was between 12,950-13,100 yuan per tonne, 50 yuan lower than that of SMM secondary lead price, ranging 13,000-13,150 yuan per ton.  
 
Key words:
SMM LME lead prices
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