Home / Metal News / #1 Lead Price Movement in Shanghai Market (2013-3-25)

#1 Lead Price Movement in Shanghai Market (2013-3-25)

iconMar 25, 2013 18:14
The most active SHFE lead contract price fluctuated narrowly after opening, so prices fluctuation in Shanghai spot lead market was limited.

 SHANGHAI, Mar. 25 (SMM) – The most active SHFE lead contract price fluctuated narrowly after opening, so prices fluctuation in Shanghai spot lead market was limited. Prices for famous brand lead were between RMB 14,450-14,460/mt, with discounts over most active SHFE lead contract around RMB 80/mt. Prices for other brand lead were around RMB 14,430/mt. Although the draft agreement on Cyprus bailout was reached, downstream demand for lead is hard to improve. Therefore, lead prices are unlikely to fluctuate much and purchases will still be on as-needed basis.
 

lead contract
SHFE lead price
#1 lead price
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news