#1 Lead Price Movement in Shanghai Market (2013-10-17)-Shanghai Metals Market

Hot Keywords

  • Zinc
  • Aluminium
  • Copper scrap
  • Primary lead
  • Copper
  • Customs data
  • Market commentary
  • Nickel
  • price forecast
  • Futures movement
  • MMi Iron Ore Port Index
  • Inventory data
  • Secondary lead
  • Morning comments
  • Evening comments

#1 Lead Price Movement in Shanghai Market (2013-10-17)

Price Review & Forecast 05:05:58PM Oct 17, 2013 Source:SMM
SHANGHAI, Oct. 17 (SMM) – In Shanghai spot market, Jinsha was offered at RMB 14,190/mt with discounts of RMB 120/mt over the most active SHFE lead contract price. Chengyuan prices were offered in RMB 14,150-14,170/mt range, while Hanjiang was sold at RMB 14,120/mt. Goods of Humon were traded at RMB 14,080/mt on Thursday. Traders were active in purchasing due to spot discounts of RMB 80/mt over the SHFE current month lead contract price. Supplies of deliverable goods tightened and demand from downstream producers was modest on Thursday.     
 
Relative News

Price

more
SMM #1 Nickel
May.24
97550.0
25.0
(0.03%)
#1 JinChuan Nickel
May.24
98050.0
-75.0
(-0.08%)
#1 Import Nickel
May.24
97025.0
125.0
(0.13%)
JinChuan B&C
May.24
1200.0
-200.0
(-14.29%)
Russian nickel premium
May.24
125.0
-75.0
(-37.50%)

#1 Lead Price Movement in Shanghai Market (2013-10-17)

Price Review & Forecast 05:05:58PM Oct 17, 2013 Source:SMM
SHANGHAI, Oct. 17 (SMM) – In Shanghai spot market, Jinsha was offered at RMB 14,190/mt with discounts of RMB 120/mt over the most active SHFE lead contract price. Chengyuan prices were offered in RMB 14,150-14,170/mt range, while Hanjiang was sold at RMB 14,120/mt. Goods of Humon were traded at RMB 14,080/mt on Thursday. Traders were active in purchasing due to spot discounts of RMB 80/mt over the SHFE current month lead contract price. Supplies of deliverable goods tightened and demand from downstream producers was modest on Thursday.