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#1 Lead Price Movement in Shanghai Market (2013-11-27)
Nov 27,2013 13:14CST
price review forecast
Source:SMM
In China’s spot lead market, goods of Chihong Zn & Ge were offered at RMB 13,900/mt and traded between RMB 13,880-13,890/mt.
SHANGHAI, Nov. 27 (SMM) – In China’s spot lead market, goods of Chihong Zn & Ge were offered at RMB 13,900/mt and traded between RMB 13,880-13,890/mt, a discount of around RMB 80/mt over the most active SHFE lead price on Wednesday. Nanfang and Chengyuan resources were sold at roughly RMB 13,870/mt, on a par with SHFE 1312 lead price, while Humon was traded at RMB 13,850/mt. Trading was fairly calm as downstream purchase was restrained by liquidity drain and is not expected to recover significantly this week
 
spot lead price

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