#1 Lead Price Movement in Shanghai Market (2013-10-22)

Price Review & Forecast 06:37:31PM Oct 22, 2013 Source:SMM

 SHANGHAI, Oct. 22 (SMM) – In Shanghai spot markets, goods of Jinsha were initially offered between RMB 14,340-14,370/mt on Tuesday, but traded prices were only around RMB 14,300/mt with a discount of RMB 110/mt against the most active SHFE lead prices. Hanjiang was traded at RMB 14,250/mt, while Humon was sold at RMB 14,210/mt. Supply for deliverable brands was limited and most transactions were made for cheap resources. Lower prices in Henan also restrained spot lead purchases in Shanghai.          

 
Key Words:  spot lead price 

#1 Lead Price Movement in Shanghai Market (2013-10-22)

Price Review & Forecast 06:37:31PM Oct 22, 2013 Source:SMM

 SHANGHAI, Oct. 22 (SMM) – In Shanghai spot markets, goods of Jinsha were initially offered between RMB 14,340-14,370/mt on Tuesday, but traded prices were only around RMB 14,300/mt with a discount of RMB 110/mt against the most active SHFE lead prices. Hanjiang was traded at RMB 14,250/mt, while Humon was sold at RMB 14,210/mt. Supply for deliverable brands was limited and most transactions were made for cheap resources. Lower prices in Henan also restrained spot lead purchases in Shanghai.          

 
Key Words:  spot lead price