SHFE #1 Lead Price Movement (2013-1-8)-Shanghai Metals Market

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SHFE #1 Lead Price Movement (2013-1-8)

SMM Insight 02:06:57PM Jan 08, 2013 Source:SMM

SHANGHAI, Jan. 8 (SMM) – On Tuesday, SHFE lead prices remained low, but cargo holders in spot lead markets still held prices firm. Chihong Zn & Ge was quoted at RMB 14,770/mt, with spot discounts of RMB 380/mt over the most active SHFE lead contract price, while Nanfang was offered at RMB 14,730/mt. Quotations for Hanjiang and Mengzi were mainly at RMB 14,690-14,700/mt, and those for Shenqian remained unchanged at RMB 14,660/mt. Seller and buyers watched on the sidelines early in the month, leaving trading modest.

 

Key Words:  spot lead in China 

Price

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#1 Refined Cu
Nov.21
47065.0
-125.0
(-0.26%)
Standard-Grade Copper
Nov.21
47050.0
-125.0
(-0.26%)
High-Grade Copper
Nov.21
47075.0
-125.0
(-0.26%)
Guixi Copper
Nov.21
47085.0
-120.0
(-0.25%)
Low-Quality Copper
Nov.21
47010.0
-120.0
(-0.25%)

SHFE #1 Lead Price Movement (2013-1-8)

SMM Insight 02:06:57PM Jan 08, 2013 Source:SMM

SHANGHAI, Jan. 8 (SMM) – On Tuesday, SHFE lead prices remained low, but cargo holders in spot lead markets still held prices firm. Chihong Zn & Ge was quoted at RMB 14,770/mt, with spot discounts of RMB 380/mt over the most active SHFE lead contract price, while Nanfang was offered at RMB 14,730/mt. Quotations for Hanjiang and Mengzi were mainly at RMB 14,690-14,700/mt, and those for Shenqian remained unchanged at RMB 14,660/mt. Seller and buyers watched on the sidelines early in the month, leaving trading modest.

 

Key Words:  spot lead in China