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#1 Lead Price Movement in Shanghai Market (2013-7-25)
Jul 25,2013 13:38CST
price review forecast
Source:SMM
Spot lead prices in China were resilient on Thursday due to tight supplies.
SHANGHAI, Jul. 25 (SMM) – Spot lead prices in China were resilient on Thursday due to tight supplies. Quotes for Chihong Zn & Ge were reported at RMB 13,800/mt, with discount against SHFE 1309 lead contract price narrowing to RMB 60/mt. Hanjiang and Mengzi were quoted at RMB 13,750-13,760/mt. Goods of Humon were offered at RMB 13,700/mt, while Jinli was quoted at RMB 13,670/mt. Downstream buyers remained wary against the limited supply, but overall trading improved slightly.
 
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