#1 Lead Price Movement in Shanghai Market (2013-6-27)-Shanghai Metals Market

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#1 Lead Price Movement in Shanghai Market (2013-6-27)

Price Review & Forecast 02:42:56PM Jun 27, 2013 Source:SMM
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. 
 
Key Words:  spot lead price 

#1 Lead Price Movement in Shanghai Market (2013-6-27)

Price Review & Forecast 02:42:56PM Jun 27, 2013 Source:SMM
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. 
 
Key Words:  spot lead price