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SHFE #1 Lead Price Movement (2013-1-8)
Jan 8, 2013 14:06Source:SMM
On Tuesday, SHFE lead prices remained low, but cargo holders in spot lead markets still held prices firm.
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.
spot lead in China
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