#1 Lead Price Movement in Shanghai Market (2013-10-16)-Shanghai Metals Market

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#1 Lead Price Movement in Shanghai Market (2013-10-16)

Price Review & Forecast 01:36:47PM Oct 16, 2013 Source:SMM

SHANGHAI, Oct. 16 (SMM) – On October 16, spot lead prices in Shanghai remained little changed from the previous trading day. Prices for Jinsha, Chengyuan, and Shuikoushan were between RMB 14,110-14,120/mt, with a contango of RMB 130/mt against the most active SHFE lead contract price. Humon was traded at RMB 14,050/mt. Supply for branded lead increased, but low-priced goods available in the market were limited. Buying interest remained weak, leaving poor transactions. 

Key Words:  spot lead price 

#1 Lead Price Movement in Shanghai Market (2013-10-16)

Price Review & Forecast 01:36:47PM Oct 16, 2013 Source:SMM

SHANGHAI, Oct. 16 (SMM) – On October 16, spot lead prices in Shanghai remained little changed from the previous trading day. Prices for Jinsha, Chengyuan, and Shuikoushan were between RMB 14,110-14,120/mt, with a contango of RMB 130/mt against the most active SHFE lead contract price. Humon was traded at RMB 14,050/mt. Supply for branded lead increased, but low-priced goods available in the market were limited. Buying interest remained weak, leaving poor transactions. 

Key Words:  spot lead price