#1 Lead Price Movement in Shanghai Market (2013-11-6)-Shanghai Metals Market

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#1 Lead Price Movement in Shanghai Market (2013-11-6)

Price Review & Forecast 05:12:33PM Nov 06, 2013 Source:SMM

SHANGHAI, Nov. 6 (SMM) – Shanghai spot lead market returned quiet on Wednesday. Chihong Zn & Ge was quoted at RMB 14,240/mt, with discount of RMB 70/mt against the most active SHFE lead contract price. Nanshan and Shuikoushan were offered at RMB 14,220/mt, but traded prices were around RMB 14,200/mt. Humon and Shenqian were sold at RMB 14,160/mt. Tight supply of lead concentrate left smelters more reluctant to sell, but traders still moved goods aggressively. Consumption was soft.

 

Key Words:  spot lead market 

#1 Lead Price Movement in Shanghai Market (2013-11-6)

Price Review & Forecast 05:12:33PM Nov 06, 2013 Source:SMM

SHANGHAI, Nov. 6 (SMM) – Shanghai spot lead market returned quiet on Wednesday. Chihong Zn & Ge was quoted at RMB 14,240/mt, with discount of RMB 70/mt against the most active SHFE lead contract price. Nanshan and Shuikoushan were offered at RMB 14,220/mt, but traded prices were around RMB 14,200/mt. Humon and Shenqian were sold at RMB 14,160/mt. Tight supply of lead concentrate left smelters more reluctant to sell, but traders still moved goods aggressively. Consumption was soft.

 

Key Words:  spot lead market