#1 Lead Price Movement in Shanghai Market (2013-6-25)

Jun 25, 2013 13:46

In China’s spot lead markets, buying interest was undermined due to bearishness.

SHANGHAI, Jun. 25 (SMM) – SHFE lead prices moved around RMB 13,900/mt on Tuesday due to the slipping Chinese stocks. In China’s spot lead markets, buying interest was undermined due to bearishness. Chihong Zn & Ge was offered at RMB 13,790/mt, little changed from the previous trading day and with discount of RMB 110/mt over the SHFE 1309 lead contract price, but transactions were limited. Hanjiang and Nanfang were quoted at RMB 13,720/mt. Trading was quiet on the whole as buyers believe prices will fall further.

spot lead price

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#1 Lead Price Movement in Shanghai Market (2013-6-25)

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