SHFE #1 Lead Price Movement (2013-1-25)-Shanghai Metals Market

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SHFE #1 Lead Price Movement (2013-1-25)

SMM Insight 05:54:29PM Jan 25, 2013 Source:SMM

SHANGHAI, Jan. 25 (SMM) – On January 25, spot lead prices in China rose along with increasing SHFE lead prices. Quotations for Chihong Zn & Ge were at RMB 14,850/mt, with spot discounts of RMB 430/mt over the most active SHFE lead contract price. Ex-works prices offered by smelters were buoyed by higher SHFE lead prices, but transactions were sparse as buyers mainly made inquiries. Hanjiang and Shenqian were quoted at RMB 14,730/mt and RMB 14,700/mt, respectively. Downstream buyers bought goods cautiously due to high prices, leaving trading modest.

 

Price

more
Aluminum Ingot
Oct.24
13990.0
50.0
(0.36%)
Aluminum Ingot - Fo Shan
Oct.24
13940.0
50.0
(0.36%)
Aluminum Ingot - Wu Xi
Oct.24
14000.0
50.0
(0.36%)
Aluminum Ingot - Hang Zhou
Oct.24
14000.0
45.0
(0.32%)
Aluminum Ingot - Chong Qing
Oct.24
13970.0
50.0
(0.36%)

SHFE #1 Lead Price Movement (2013-1-25)

SMM Insight 05:54:29PM Jan 25, 2013 Source:SMM

SHANGHAI, Jan. 25 (SMM) – On January 25, spot lead prices in China rose along with increasing SHFE lead prices. Quotations for Chihong Zn & Ge were at RMB 14,850/mt, with spot discounts of RMB 430/mt over the most active SHFE lead contract price. Ex-works prices offered by smelters were buoyed by higher SHFE lead prices, but transactions were sparse as buyers mainly made inquiries. Hanjiang and Shenqian were quoted at RMB 14,730/mt and RMB 14,700/mt, respectively. Downstream buyers bought goods cautiously due to high prices, leaving trading modest.