#1 Lead Price Movement in Shanghai Market (2013-6-19)-Shanghai Metals Market

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#1 Lead Price Movement in Shanghai Market (2013-6-19)

Price Review & Forecast 07:48:31PM Jun 19, 2013 Source:SMM
SHANGHAI, Jun. 19 (SMM) – On June 19, spot lead prices held steady from a day earlier. Chihong Zn & Ge was quoted at RMB 13,930/mt. Lead prices in Shanghai remained firm as supplies reduced and smelters raised quotes, with spot discounts over the most active SHFE lead contract narrowing from RMB 50/mt to RMB 20/mt. Mengzi was offered at RMB 13,900/mt, and Yunyue was traded at RMB 13,850/mt. Downstream consumption remained modest, and traders purchased in limited amounts at low prices, leaving transactions little changed from the previous trading day.
 
Key Words:  spot lead price 

#1 Lead Price Movement in Shanghai Market (2013-6-19)

Price Review & Forecast 07:48:31PM Jun 19, 2013 Source:SMM
SHANGHAI, Jun. 19 (SMM) – On June 19, spot lead prices held steady from a day earlier. Chihong Zn & Ge was quoted at RMB 13,930/mt. Lead prices in Shanghai remained firm as supplies reduced and smelters raised quotes, with spot discounts over the most active SHFE lead contract narrowing from RMB 50/mt to RMB 20/mt. Mengzi was offered at RMB 13,900/mt, and Yunyue was traded at RMB 13,850/mt. Downstream consumption remained modest, and traders purchased in limited amounts at low prices, leaving transactions little changed from the previous trading day.
 
Key Words:  spot lead price