#1 Lead Price Movement in Shanghai Market (2014-4-1)

Apr 1, 2014 13:16

In the Shanghai physical lead market, goods from Chihong Zn & Ge and Nanfang traded Tuesday between RMB 13,670-13,680/mt, a discount of around RMB 55/mt over SHFE 1405 lead contract prices.

SHANGHAI, Apr. 1 (SMM) – In the Shanghai physical lead market, goods from Chihong Zn & Ge and Nanfang traded Tuesday between RMB 13,670-13,680/mt, a discount of around RMB 55/mt over SHFE 1405 lead contract prices. Humon resources were offered at RMB 13,680/mt, but were barely sold, while Shuangyan supply wrapped with iron sheet traded at RMB 13,630/mt. Chihong Zn & Ge and Humon did not move goods on Tuesday, while lead-acid battery producers still had little buying interest due to declines in SHFE lead prices and the absence of banking loans for April. Overall, trading activity was quite light.

spot lead prices

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#1 Lead Price Movement in Shanghai Market (2014-4-1)

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