#1 Lead Price Movement in Shanghai Market (2013-6-6)-Shanghai Metals Market

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#1 Lead Price Movement in Shanghai Market (2013-6-6)

Price Review & Forecast 05:13:31PM Jun 06, 2013 Source:SMM
SHANGHAI, Jun. 6 (SMM) – On June 6, SHFE lead prices opened lower and spot lead markets in China were dominated by wait-and-see mood. Traded price for Chihong Zn & Ge were reported at RMB 13,960-13,970/mt, with spot discounts of RMB 100/mt over the SHFE 1306 lead contract price. Prices for Dongling and Hanjiang were RMB 13,950-13,960/mt, while goods from Wanyang were traded at RMB 13,925/mt. Smelters continued to hold prices firm, while downstream buyers returned cautious with only two trading days left before the Chinese Dragon Boat Festival. Trading was quite on the whole. 
 
 
Key Words:  spot lead price  

#1 Lead Price Movement in Shanghai Market (2013-6-6)

Price Review & Forecast 05:13:31PM Jun 06, 2013 Source:SMM
SHANGHAI, Jun. 6 (SMM) – On June 6, SHFE lead prices opened lower and spot lead markets in China were dominated by wait-and-see mood. Traded price for Chihong Zn & Ge were reported at RMB 13,960-13,970/mt, with spot discounts of RMB 100/mt over the SHFE 1306 lead contract price. Prices for Dongling and Hanjiang were RMB 13,950-13,960/mt, while goods from Wanyang were traded at RMB 13,925/mt. Smelters continued to hold prices firm, while downstream buyers returned cautious with only two trading days left before the Chinese Dragon Boat Festival. Trading was quite on the whole. 
 
 
Key Words:  spot lead price