SHFE #1 Lead Price Movement (2013-1-15)-Shanghai Metals Market

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SHFE #1 Lead Price Movement (2013-1-15)

SMM Insight 04:56:17PM Jan 15, 2013 Source:SMM

SHANGHAI, Jan. 15 (SMM) – In China’s spot lead market, supply was ample on January 15 with spot lead prices for well-known brands firm. Chihong Zn & Ge was quoted at RMB 14,750/mt, with spot discounts of RMB 430/mt over the 1303 SHFE lead contract price. Quotations for Dongling, Hanjiang and Mengzi were mainly at RMB 14,650-14,660/mt, and those for Shenqian were around RMB 14,630/mt. Baiyin was quoted lower at RMB 14,600/mt. Downstream buyers still purchased according to production needs.

SHFE #1 Lead Price Movement (2013-1-15)

SMM Insight 04:56:17PM Jan 15, 2013 Source:SMM

SHANGHAI, Jan. 15 (SMM) – In China’s spot lead market, supply was ample on January 15 with spot lead prices for well-known brands firm. Chihong Zn & Ge was quoted at RMB 14,750/mt, with spot discounts of RMB 430/mt over the 1303 SHFE lead contract price. Quotations for Dongling, Hanjiang and Mengzi were mainly at RMB 14,650-14,660/mt, and those for Shenqian were around RMB 14,630/mt. Baiyin was quoted lower at RMB 14,600/mt. Downstream buyers still purchased according to production needs.