#1 Lead Price Movement in Shanghai Market (2013-10-29)-Shanghai Metals Market

Hot Keywords

  • Inventory data
  • NPI
  • Zinc
  • Market commentary
  • Production data
  • Macroeconomics
  • Aluminium
  • Morning comments
  • Futures movement
  • Mengtai Group
  • Copper
  • Stainless steel
  • Nickel
  • In the United States
  • trade negotiations

#1 Lead Price Movement in Shanghai Market (2013-10-29)

Price Review & Forecast 01:30:32PM Oct 29, 2013 Source:SMM
SHANGHAI, Oct. 29 (SMM) – In China’s spot lead market, lead prices were flat on Tuesday. Goods of Jinsha, Nanfang and Chengyuan were traded at RMB 14,300/mt, a discount of around RMB 150/mt over the most active SHFE lead prices. Dongling's resources were sold at RMB 14,250/mt and Humon was traded at RMB 14,180/mt. Lead smelters stepped up moving goods and transactions for deliverable brands picked up relatively, but downstream producers still were reluctant to purchase on Tuesday.    
 
Key Words:  spot lead price 

#1 Lead Price Movement in Shanghai Market (2013-10-29)

Price Review & Forecast 01:30:32PM Oct 29, 2013 Source:SMM
SHANGHAI, Oct. 29 (SMM) – In China’s spot lead market, lead prices were flat on Tuesday. Goods of Jinsha, Nanfang and Chengyuan were traded at RMB 14,300/mt, a discount of around RMB 150/mt over the most active SHFE lead prices. Dongling's resources were sold at RMB 14,250/mt and Humon was traded at RMB 14,180/mt. Lead smelters stepped up moving goods and transactions for deliverable brands picked up relatively, but downstream producers still were reluctant to purchase on Tuesday.    
 
Key Words:  spot lead price