#1 Lead Price Movement in Shanghai Market (2013-4-11)-Shanghai Metals Market

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#1 Lead Price Movement in Shanghai Market (2013-4-11)

SMM Insight 02:34:06PM Apr 11, 2013 Source:SMM

SHANGHAI, Apr. 11 (SMM) – SHFE lead prices drifted down RMB 20/mt on Thursday, and spot lead prices also fell. Chihong Zn & Ge and Nanfang were quoted at RMB 14,250/mt, with spot discounts of RMB 210/mt against the most active SHFE lead contract price. YT lead was offered at RMB 14,200/mt. Most investors believe lead prices will unlikely pick up in the short term. Both buyers and suppliers were on the sidelines, leaving trading muted.
 

Key Words:  spot lead price 

#1 Lead Price Movement in Shanghai Market (2013-4-11)

SMM Insight 02:34:06PM Apr 11, 2013 Source:SMM

SHANGHAI, Apr. 11 (SMM) – SHFE lead prices drifted down RMB 20/mt on Thursday, and spot lead prices also fell. Chihong Zn & Ge and Nanfang were quoted at RMB 14,250/mt, with spot discounts of RMB 210/mt against the most active SHFE lead contract price. YT lead was offered at RMB 14,200/mt. Most investors believe lead prices will unlikely pick up in the short term. Both buyers and suppliers were on the sidelines, leaving trading muted.
 

Key Words:  spot lead price