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#1 Lead Price Movement in Shanghai Market (2013-7-22)
Jul 22,2013 13:38CST
price review forecast
Source:SMM
On July 22, spot lead prices in China remained firm, and ex-works prices offered by lead smelters were relatively high.

SHANGHAI, Jul. 22 (SMM) – On July 22, spot lead prices in China remained firm, and ex-works prices offered by lead smelters were relatively high. Tongguan was quoted at RMB 13,750/mt in Shanghai, with spot discounts of RMB 110/mt against the most active SHFE lead contract price. Quotes of Mengzi were between RMB 13,720-13,730/mt, while those for Hanjiang were around RMB 13,720/mt. Nanfang and Chihong Zn & Ge limited supplies, leaving no quotes reported in the market. Humon’s goods were offered at RMB 13,660/mt. Despite the onset of traditional high demand season, most downstream buyers reported little improvement in consumption, and mainly purchased as needed.  

 
spot lead price

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