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#1 Lead Price Movement in Shanghai Market (2013-7-3)
Jul 3,2013 17:48CST
price review forecast
Source:SMM
On July 3, spot lead prices in China were little changed, with Nanfang and Shuikoushan quoted at RMB 13,780/mt and Hanjiang offered at RMB 13,750/mt.
SHANGHAI, Jul. 3 (SMM) – On July 3, spot lead prices in China were little changed, with Nanfang and Shuikoushan quoted at RMB 13,780/mt and Hanjiang offered at RMB 13,750/mt. Warrants for Chihong Zn & Ge and Wanyang were offered at RMB 13,800/mt initially, with premiums of RMB 20/mt over the SHFE 1307 lead contract price, but prices fell to RMB 13,760/mt later with SHFE lead slipping RMB 40/mt. Downstream consumption was modest, and smelters moved goods normally, but traders unwilling to enter the market.
 
spot lead price

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