#1 Lead Price Movement in Shanghai Market (2013-4-17)-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Air pollution
  • Macroeconomics
  • Production data
  • Futures movement
  • Zinc
  • Aluminium
  • Nickel
  • Copper
  • hydrogenation stations
  • nickel laterite
  • Market commentary
  • In the United States
  • Morning comments
  • Nickel ore

#1 Lead Price Movement in Shanghai Market (2013-4-17)

SMM Insight 02:28:18PM Apr 17, 2013 Source:SMM

SHANGHAI, Apr. 17 (SMM) – SHFE lead prices followed a weak trends above RMB 14,000/mt  on April 17. Although smelters remained unwilling to move goods, traders made transactions actively, and downstream consumption improved as buyers considered current prices already low. In China’s spot lead market, Chihong Zn & Ge was traded at RMB 14,010/mt, with spot discounts of RMB 50/mt against the most active SHFE lead contract price. Nanfang was quoted at RMB 13,960/mt, and Yubei was offered at RMB 13,950/mt, with discounts of RMB 30/mt against the SHFE 1305 lead contract price.

 

Key Words:  spot lead market 

#1 Lead Price Movement in Shanghai Market (2013-4-17)

SMM Insight 02:28:18PM Apr 17, 2013 Source:SMM

SHANGHAI, Apr. 17 (SMM) – SHFE lead prices followed a weak trends above RMB 14,000/mt  on April 17. Although smelters remained unwilling to move goods, traders made transactions actively, and downstream consumption improved as buyers considered current prices already low. In China’s spot lead market, Chihong Zn & Ge was traded at RMB 14,010/mt, with spot discounts of RMB 50/mt against the most active SHFE lead contract price. Nanfang was quoted at RMB 13,960/mt, and Yubei was offered at RMB 13,950/mt, with discounts of RMB 30/mt against the SHFE 1305 lead contract price.

 

Key Words:  spot lead market