#1 Lead Price Movement in Shanghai Market (2013-4-8)-Shanghai Metals Market

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#1 Lead Price Movement in Shanghai Market (2013-4-8)

SMM Insight 04:57:53PM Apr 08, 2013 Source:SMM

SHANGHAI, Apr. 8 (SMM) – SHFE lead prices held steady on April 8, and quotations for spot lead in China were also flat with the level before Qingming Festival, but traded prices fell. Quotes for Jinsha were around RMB 14,220/mt, but traded price was RMB 14,180/mt, with spot discounts over the most active SHFE lead contract price at RMB 210/mt. Quotations for Nanfang, Yubei, and Tongguan were flat at the most active SHFE lead contract price, but transactions were rarely done. Prices for Hanjiang, Shuangyan, and Yunxi were offered at RMB 14,150-14,170/mt. Smelters were not willing to move goods, and downstream consumption remained weak.
 

Key Words:  spot lead price 

#1 Lead Price Movement in Shanghai Market (2013-4-8)

SMM Insight 04:57:53PM Apr 08, 2013 Source:SMM

SHANGHAI, Apr. 8 (SMM) – SHFE lead prices held steady on April 8, and quotations for spot lead in China were also flat with the level before Qingming Festival, but traded prices fell. Quotes for Jinsha were around RMB 14,220/mt, but traded price was RMB 14,180/mt, with spot discounts over the most active SHFE lead contract price at RMB 210/mt. Quotations for Nanfang, Yubei, and Tongguan were flat at the most active SHFE lead contract price, but transactions were rarely done. Prices for Hanjiang, Shuangyan, and Yunxi were offered at RMB 14,150-14,170/mt. Smelters were not willing to move goods, and downstream consumption remained weak.
 

Key Words:  spot lead price