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WEEKLY: Futures falls drag down Chinese lead prices

ABSTRACT

Chinese spot prices of primary and secondary lead under Mysteel's assessment declined during December 1-8, in line with the drops in lead futures prices on the Shanghai Futures Exchange (SHFE), market sources observed.
As of December 8, the national price of primary lead ingot (at least 99.994%) had slipped by Yuan 172/tonne ($27.1/t) on week to Yuan 15,096/t including the 13% VAT, Mysteel's survey showed. As of the same day, the average price of secondary lead (at least 99.99%) nationwide had decreased to

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