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

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#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 

Price

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Aluminum Ingot
May.27
14350.0
120.0
(0.84%)
Aluminum Ingot - Fo Shan
May.27
14460.0
140.0
(0.98%)
Aluminum Ingot - Wu Xi
May.27
14330.0
100.0
(0.70%)
Aluminum Ingot - Hang Zhou
May.27
14375.0
115.0
(0.81%)
Aluminum Ingot - Chong Qing
May.27
14380.0
120.0
(0.84%)

#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