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

iconJan 18, 2013 22:01
Source: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.

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.


 

China's spot lead prices

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