#1 Lead Price Movement in Shanghai Market (2013-10-24)

Price Review & Forecast 08:56:30AM Oct 25, 2013 Source:SMM

SHANGHAI, Oct. 24 (SMM) – Spot lead prices in Shanghai followed SHFE lead down on Thursday. Goods of Jinsha and Chengyuan both were traded at RMB 14,270/mt, a discount of RMB 130/mt over the most active SHFE lead contact. Traded prices were RMB 14,230-14,250/mt for Hanjiang, Mengzi, Dongling and Shuangyan, and RMB 14,160-14,180/mt for Humon. Cargo holders remained eager to sell, but downstream producers largely stayed on the sidelines, leaving trading depressed. 

 
Key Words:  spot lead price 

#1 Lead Price Movement in Shanghai Market (2013-10-24)

Price Review & Forecast 08:56:30AM Oct 25, 2013 Source:SMM

SHANGHAI, Oct. 24 (SMM) – Spot lead prices in Shanghai followed SHFE lead down on Thursday. Goods of Jinsha and Chengyuan both were traded at RMB 14,270/mt, a discount of RMB 130/mt over the most active SHFE lead contact. Traded prices were RMB 14,230-14,250/mt for Hanjiang, Mengzi, Dongling and Shuangyan, and RMB 14,160-14,180/mt for Humon. Cargo holders remained eager to sell, but downstream producers largely stayed on the sidelines, leaving trading depressed. 

 
Key Words:  spot lead price