SHFE #1 Lead Price Movement (2013-1-18)-Shanghai Metals Market

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SHFE #1 Lead Price Movement (2013-1-18)

SMM Insight 10:01:34PM Jan 18, 2013 Source:SMM

SHANGHAI, Jan. 18 (SMM) – In China’s spot lead market, lead prices only moved up slightly on Friday despite positive economic data as buying interest downstream remained low ahead of weekend. Chihong Zn & Ge was quoted at around RMB 14,770/mt, with spot discounts of RMB 400/mt over the 1303 SHFE lead contract price. Quotations for Dongling, Hanjiang, and Shenqian were mainly at RMB 14,660-14,680/mt. Cargo holders still moved goods actively but transactions fell from the previous trading day.


 

Price

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#1 Refined Cu
Oct.18
46740.0
40.0
(0.09%)
Standard-Grade Copper
Oct.18
46730.0
40.0
(0.09%)
High-Grade Copper
Oct.18
46750.0
45.0
(0.10%)
Guixi copper
Oct.18
46750.0
40.0
(0.09%)
Low-quality copper
Oct.18
46700.0
45.0
(0.10%)

SHFE #1 Lead Price Movement (2013-1-18)

SMM Insight 10:01:34PM Jan 18, 2013 Source:SMM

SHANGHAI, Jan. 18 (SMM) – In China’s spot lead market, lead prices only moved up slightly on Friday despite positive economic data as buying interest downstream remained low ahead of weekend. Chihong Zn & Ge was quoted at around RMB 14,770/mt, with spot discounts of RMB 400/mt over the 1303 SHFE lead contract price. Quotations for Dongling, Hanjiang, and Shenqian were mainly at RMB 14,660-14,680/mt. Cargo holders still moved goods actively but transactions fell from the previous trading day.