SHFE #1 Lead Price Movement (2012-11-2)-Shanghai Metals Market

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SHFE #1 Lead Price Movement (2012-11-2)

SMM Insight 08:17:48PM Nov 02, 2012 Source:SMM

SHANGHAI, Nov. 2 (SMM) – In China’s domestic spot lead markets, prices for Nanfang and Chihong Zn & Ge were RMB 15,050-15,060/mt Friday, with spot discounts over the most active SHFE lead contract price at RMB 250/mt. Tongguan was mainly offered at RMB 15,020/mt. Prices for Shenqian and Mengzi were quoted at RMB 14,960-14,980/mt. Price gap between leading and other brands narrow from RMB 200/mt to RMB 100/mt. Downstream buying interest improved compared with the previous trading day.
 

Key Words:  spot lead market 

SHFE #1 Lead Price Movement (2012-11-2)

SMM Insight 08:17:48PM Nov 02, 2012 Source:SMM

SHANGHAI, Nov. 2 (SMM) – In China’s domestic spot lead markets, prices for Nanfang and Chihong Zn & Ge were RMB 15,050-15,060/mt Friday, with spot discounts over the most active SHFE lead contract price at RMB 250/mt. Tongguan was mainly offered at RMB 15,020/mt. Prices for Shenqian and Mengzi were quoted at RMB 14,960-14,980/mt. Price gap between leading and other brands narrow from RMB 200/mt to RMB 100/mt. Downstream buying interest improved compared with the previous trading day.
 

Key Words:  spot lead market