#1 Lead Price Movement in Shanghai Market (2013-5-13)-Shanghai Metals Market

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#1 Lead Price Movement in Shanghai Market (2013-5-13)

SMM Insight 04:24:11PM May 13, 2013 Source:SMM
SHANGHAI, May 13 (SMM) – SHFE lead prices move narrowly on Monday, and trading in China’s spot lead market were thin, with purchases rarely made. Quotes for Nanfang were around RMB 13,850/mt, with premiums of RMB 50/mt overt the most active SHFE lead contract price. Warrants for goods of Yuguang Gold & Lead were offered at RMB 13,840/mt, with premiums of RMB 70/mt over the SHFE 1305 lead contract price. Warrants for Tongguan Nonferrous and Yubei Gold & Lead’s goods were offered at RMB 13,800/mt, with premiums of RMB 30/mt against the SHFE 1305 lead contract price. Lead from Hanjiang and Shuangyan was quoted at RMB 13,750-13,760/mt, while that of Shenqian was quoted at RMB 13,740/mt.
 
Key Words:  spot lead market 

#1 Lead Price Movement in Shanghai Market (2013-5-13)

SMM Insight 04:24:11PM May 13, 2013 Source:SMM
SHANGHAI, May 13 (SMM) – SHFE lead prices move narrowly on Monday, and trading in China’s spot lead market were thin, with purchases rarely made. Quotes for Nanfang were around RMB 13,850/mt, with premiums of RMB 50/mt overt the most active SHFE lead contract price. Warrants for goods of Yuguang Gold & Lead were offered at RMB 13,840/mt, with premiums of RMB 70/mt over the SHFE 1305 lead contract price. Warrants for Tongguan Nonferrous and Yubei Gold & Lead’s goods were offered at RMB 13,800/mt, with premiums of RMB 30/mt against the SHFE 1305 lead contract price. Lead from Hanjiang and Shuangyan was quoted at RMB 13,750-13,760/mt, while that of Shenqian was quoted at RMB 13,740/mt.
 
Key Words:  spot lead market