SHFE #1 Lead Price Movement on June 13-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Aluminium
  • Copper scrap
  • Primary lead
  • Copper
  • Customs data
  • Market commentary
  • Nickel
  • price forecast
  • MMi Iron Ore Port Index
  • Inventory data
  • Futures movement
  • Secondary lead
  • Morning comments
  • Evening comments

SHFE #1 Lead Price Movement on June 13

SMM Insight 02:02:54PM Jun 13, 2012 Source:SMM

SHANGHAI, Jun. 13 (SMM) – On Wednesday, quotations for branded lead in China’s spot lead market, including Nanfang and Shuikoushan, were between RMB 15,100-15,110/mt, with spot premiums of RMB 100/mt against the most active SHFE lead contract price. Brands from Gejiu region were quoted at RMB 15,000/mt. Offers of Shenqian was at RMB 14,960/mt. Selling interest of smelters was low, and dealers in Shanghai were unwilling to sell goods due to limited supply for branded lead and uncertain market outlook. Buyers purchased cautiously and transactions were weak.

Key Words:  spot lead   lead price 

SHFE #1 Lead Price Movement on June 13

SMM Insight 02:02:54PM Jun 13, 2012 Source:SMM

SHANGHAI, Jun. 13 (SMM) – On Wednesday, quotations for branded lead in China’s spot lead market, including Nanfang and Shuikoushan, were between RMB 15,100-15,110/mt, with spot premiums of RMB 100/mt against the most active SHFE lead contract price. Brands from Gejiu region were quoted at RMB 15,000/mt. Offers of Shenqian was at RMB 14,960/mt. Selling interest of smelters was low, and dealers in Shanghai were unwilling to sell goods due to limited supply for branded lead and uncertain market outlook. Buyers purchased cautiously and transactions were weak.

Key Words:  spot lead   lead price