#1 Lead Price Movement in Shanghai Market (2013-6-24)-Shanghai Metals Market

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#1 Lead Price Movement in Shanghai Market (2013-6-24)

Price Review & Forecast 02:16:07PM Jun 24, 2013 Source:SMM
SHANGHAI, Jun. 24 (SMM) – Spot lead prices fell RMB 50/mt along with futures prices on June 24. Prices for Chihong Zn & Ge were RMB 13,790-13,800/mt, with discounts of RMB 110/mt against the SHFE 1309 lead contract price. Prices for Nanfang were around RMB 13,750/mt, RMB 20/mt lower than SHFE 1307 lead contract price. Shuikoushan, Mengzi and Hanjiang were offered at RMB 13,760-13,780/mt. Downstream buyers purchased cautiously, while cargo holders were willing to sell goods due to tight cash flow. 
 
Key Words:  spot lead price 

#1 Lead Price Movement in Shanghai Market (2013-6-24)

Price Review & Forecast 02:16:07PM Jun 24, 2013 Source:SMM
SHANGHAI, Jun. 24 (SMM) – Spot lead prices fell RMB 50/mt along with futures prices on June 24. Prices for Chihong Zn & Ge were RMB 13,790-13,800/mt, with discounts of RMB 110/mt against the SHFE 1309 lead contract price. Prices for Nanfang were around RMB 13,750/mt, RMB 20/mt lower than SHFE 1307 lead contract price. Shuikoushan, Mengzi and Hanjiang were offered at RMB 13,760-13,780/mt. Downstream buyers purchased cautiously, while cargo holders were willing to sell goods due to tight cash flow. 
 
Key Words:  spot lead price