Home / Metal News /  / #1 Lead Price Movement in Shanghai Market (2013-6-5)
#1 Lead Price Movement in Shanghai Market (2013-6-5)
Jun 5,2013 14:53CST
price review forecast
Source:SMM
On June 5, SHFE lead price opened higher and spot lead prices in China rose RMB 30/mt due to limited supplies in Shanghai.
SHANGHAI, Jun. 5 (SMM) – On June 5, SHFE lead price opened higher and spot lead prices in China rose RMB 30/mt due to limited supplies in Shanghai. Chihong Zn & Ge was quoted at RMB 13,980/mt, with spot discounts of RMB 70/mt over the most active SHFE lead contract price. Hanjiang was offered at RMB 13,950/mt. With spot lead prices approaching RMB 14,000/mt, bullish smelters hold quotes high. Buying interest among downstream buyers improved slightly and traders increased purchases with optimistic outlook.
 
spot lead price

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news