SHANGHAI, Jun. 27 (SMM) – Price gap for difference brands in China’s spot lead prices narrowed on Thursday, with prices of Nanfang, Shuikoushan, Mengzi, and Hanjiang between RMB 13,740-13,750/mt, with discount against the SHFE 1309 lead contract price expanding to RMB 150/mt. Lead from Jiangxi Copper was quoted RMB 15/mt lower at RMB 13,725/mt. Traders were more pessimistic to lead market as downstream buyers remained unwilling to purchase, and smelters under financial pressure still moved goods normally.
#1 Lead Price Movement in Shanghai Market (2013-6-27)
Key Words: spot lead price
