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#1 Lead Price Movement in Shanghai Market (2014-4-21)
Apr 21,2014 13:24CST
price review forecast
Source:SMM
In the Shanghai physical lead market, goods of Chihong Zn & Ge traded Monday at RMB 13,850/mt, a premium of RMB 50/mt over the most active SHFE 1405 lead contract.

SHANGHAI, Apr. 21 (SMM) – In the Shanghai physical lead market, goods of Chihong Zn & Ge traded Monday at RMB 13,850/mt, a premium of RMB 50/mt over the most active SHFE 1405 lead contract. Traded prices were RMB 13,820-13,830/mt for Chengyuan, Nanfang, and Humon brands, and RMB 13,800/mt for Shuangyan and Hanjiang resources. Lead smelters moved goods only in small amounts, while higher buying interest by traders and lead-acid battery producers pushed up traded volumes slightly on Monday in the Shanghai market.
 

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