SHFE #1 Lead Price Movement (2013-1-10)-Shanghai Metals Market

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SHFE #1 Lead Price Movement (2013-1-10)

SMM Insight 07:58:01PM Jan 10, 2013 Source:SMM

SHANGHAI, Jan. 10 (SMM) – On January 10, SHFE lead prices moved up due to better-than-expected trade data for December and investors were optimistic to spot lead market. Chihong Zn & Ge was quoted at RMB 14,780/mt, with spot discounts of RMB 380/mt over the most active SHFE lead contract price. Quotations for Hanjiang were mainly at RMB 14,690/mt, and those for Shenqian were around RMB 14,640/mt. Downstream buyers mainly purchased as needed.

 

Key Words:  SHFE lead prices 

SHFE #1 Lead Price Movement (2013-1-10)

SMM Insight 07:58:01PM Jan 10, 2013 Source:SMM

SHANGHAI, Jan. 10 (SMM) – On January 10, SHFE lead prices moved up due to better-than-expected trade data for December and investors were optimistic to spot lead market. Chihong Zn & Ge was quoted at RMB 14,780/mt, with spot discounts of RMB 380/mt over the most active SHFE lead contract price. Quotations for Hanjiang were mainly at RMB 14,690/mt, and those for Shenqian were around RMB 14,640/mt. Downstream buyers mainly purchased as needed.

 

Key Words:  SHFE lead prices