#1 Lead Price Movement in Shanghai Market (2013-4-2)-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • NPI
  • Zinc
  • Production data
  • Market commentary
  • Macroeconomics
  • Morning comments
  • Stainless steel
  • Mengtai Group
  • Aluminium
  • Copper
  • Nickel
  • Futures movement
  • hydrogen stations
  • trade negotiations

#1 Lead Price Movement in Shanghai Market (2013-4-2)

SMM Insight 02:29:35PM Apr 02, 2013 Source:SMM

SHANGHAI, Apr. 2 (SMM) – SHFE lead prices gapped higher and kept vacillating on Monday, driving spot lead prices to stabilize. Quotations for Chihong Zn & Ge were around RMB 14,280/mt, with spot discounts over the most active SHFE lead contract price at RMB 70/mt. Prices for Nanfang were offered around RMB 14,260/mt, while those for Tongguan were offered at discounts of RMB 20/mt against the SHFE 1304 lead contract price. Buying interest improved slightly on stabilizing spot prices, but smelters were still reluctant to move goods at low prices.

 

Key Words:  spot lead price 

#1 Lead Price Movement in Shanghai Market (2013-4-2)

SMM Insight 02:29:35PM Apr 02, 2013 Source:SMM

SHANGHAI, Apr. 2 (SMM) – SHFE lead prices gapped higher and kept vacillating on Monday, driving spot lead prices to stabilize. Quotations for Chihong Zn & Ge were around RMB 14,280/mt, with spot discounts over the most active SHFE lead contract price at RMB 70/mt. Prices for Nanfang were offered around RMB 14,260/mt, while those for Tongguan were offered at discounts of RMB 20/mt against the SHFE 1304 lead contract price. Buying interest improved slightly on stabilizing spot prices, but smelters were still reluctant to move goods at low prices.

 

Key Words:  spot lead price