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#1 Lead Price Movement in Shanghai Market (2013-6-14)
Jun 14,2013 13:34CST
price review forecast
Source:SMM
SHFE lead prices were RMB 35/mt lower than yesterday on Friday, while spot lead prices were little unchanged due to anemic trading activity ahead of upcoming weekend.

SHANGHAI, Jun. 14 (SMM) – SHFE lead prices were RMB 35/mt lower than yesterday on Friday, while spot lead prices were little unchanged due to anemic trading activity ahead of upcoming weekend. Traded prices for Chihong Zn & Ge and Tongguan were RMB 13,900/mt, RMB 100/mt higher than SHFE 1306 lead contract prices, but were RMB 10/mt lower than quotations. Mengzi was traded at RMB 13,880/mt. Traded prices for Yubei were RMB 13,860/mt, a discount of RMB 40/mt over SHFE 1307 lead contract prices.
 

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