#1 Lead Price Movement in Shanghai Market (2013-4-24)-Shanghai Metals Market

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#1 Lead Price Movement in Shanghai Market (2013-4-24)

SMM Insight 02:33:28PM Apr 24, 2013 Source:SMM
SHANGHAI, Apr. 24 (SMM) – SHFE lead prices opened higher on Wednesday but lacked upward momentum, while spot lead prices moved up RMB 50-80/mt. Chihong Zn & Ge was quoted at RMB 13,730/mt, with spot discount of RMB 40/mt over the SHFE 1306 lead contract price. Nanfang and Jinli were offered at RMB 13,700/mt. Market players remained bearish despite the slight rebound, leaving trading unimproved.
 
Key Words:  spot lead price 

#1 Lead Price Movement in Shanghai Market (2013-4-24)

SMM Insight 02:33:28PM Apr 24, 2013 Source:SMM
SHANGHAI, Apr. 24 (SMM) – SHFE lead prices opened higher on Wednesday but lacked upward momentum, while spot lead prices moved up RMB 50-80/mt. Chihong Zn & Ge was quoted at RMB 13,730/mt, with spot discount of RMB 40/mt over the SHFE 1306 lead contract price. Nanfang and Jinli were offered at RMB 13,700/mt. Market players remained bearish despite the slight rebound, leaving trading unimproved.
 
Key Words:  spot lead price