#1 Lead Price Movement in Shanghai Market (2013-4-26)-Shanghai Metals Market

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#1 Lead Price Movement in Shanghai Market (2013-4-26)

SMM Insight 01:50:11PM Apr 26, 2013 Source:SMM
SHANGHAI, Apr. 26 (SMM) – SHFE lead prices fell after opening higher on Friday, and cargo holders in China’s spot lead markets were reluctant to sell goods. Trading for spot lead was quiet and quotations were rare with many market players exiting the market ahead of the May Day holiday. Jinli, Wanyang, and Jinsha were quoted at RMB 13,780-13,800/mt in Wuxi, level with the SHFE 1305 lead contract price. Downstream buyers have completed pre-holiday replenishments and only watched on the sidelines.
 
Key Words:  spot lead price 

#1 Lead Price Movement in Shanghai Market (2013-4-26)

SMM Insight 01:50:11PM Apr 26, 2013 Source:SMM
SHANGHAI, Apr. 26 (SMM) – SHFE lead prices fell after opening higher on Friday, and cargo holders in China’s spot lead markets were reluctant to sell goods. Trading for spot lead was quiet and quotations were rare with many market players exiting the market ahead of the May Day holiday. Jinli, Wanyang, and Jinsha were quoted at RMB 13,780-13,800/mt in Wuxi, level with the SHFE 1305 lead contract price. Downstream buyers have completed pre-holiday replenishments and only watched on the sidelines.
 
Key Words:  spot lead price