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#1 Lead Price Movement in Shanghai Market (2013-6-26)

iconJun 26, 2013 16:12
Source:SMM
SHFE lead prices remained low at RMB 13,900/mt on June 26, and spot lead prices in China were little changed from the previous trading day.
SHANGHAI, Jun. 26 (SMM) – SHFE lead prices remained low at RMB 13,900/mt on June 26, and spot lead prices in China were little changed from the previous trading day. Chihong Zn & Ge was traded at RMB 13,790/mt, with spot discounts of RMB 100/mt against the SHFE 1309 lead contract price. Nanfang was traded at RMB 13,730/mt, with discount of RMB 10/mt against the SHFE 1307 lead contract price. Shuikoushan was traded at RMB 13,750/mt, and Mengzi was traded at RMB 13,730/mt. Most downstream buyers were facing tight cash flow and limited purchases, leaving trading quiet.
spot lead price

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