SHFE #1 Lead Price Movement (2013-1-11)-Shanghai Metals Market

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SHFE #1 Lead Price Movement (2013-1-11)

SMM Insight 06:35:26PM Jan 11, 2013 Source:SMM

SHANGHAI, Jan. 11 (SMM) – SHFE lead prices opened higher on Friday but spot lead prices in China did not show significant increase. Chihong Zn & Ge was quoted at RMB 14,800/mt, with spot discounts of RMB 400/mt over the most active SHFE lead contract price. Quotations for Dongling and Mengzi were mainly at RMB 14,700/mt, and those for Hanjiang were around RMB 14,690/mt. Cargo holders moved goods actively and downstream buying interest also improved slightly. However, most buyers still purchased as needed.

 

Key Words:  SHFE lead prices 

SHFE #1 Lead Price Movement (2013-1-11)

SMM Insight 06:35:26PM Jan 11, 2013 Source:SMM

SHANGHAI, Jan. 11 (SMM) – SHFE lead prices opened higher on Friday but spot lead prices in China did not show significant increase. Chihong Zn & Ge was quoted at RMB 14,800/mt, with spot discounts of RMB 400/mt over the most active SHFE lead contract price. Quotations for Dongling and Mengzi were mainly at RMB 14,700/mt, and those for Hanjiang were around RMB 14,690/mt. Cargo holders moved goods actively and downstream buying interest also improved slightly. However, most buyers still purchased as needed.

 

Key Words:  SHFE lead prices