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[Pb] CBI Morning Review - 2009/4/7 Lead Market

iconApr 7, 2009 00:00

SHANGHAI, Apr. 7 (CBI China) -- LME Market

 

Close

(USD/mt)

Premium/Discount

Volume

(lot)

Position

(lot)

Inventory

(mt)

3-mth Contract

Spot - 3 mth

Mar. Average

1,256

-15

15,400

73,051

62,025

Apr. 3rd         

1,317.5

-8.5

22,545

71,751

61,100

Apr. 6th

1,315

-9

15,723

71,894

61,025

Summary

Domestic lead transactions were general before Qingming Festival holiday, and the imported lead traded at RMB 12,200/mt on April 3rd (Friday), and domestic lead traded at RMB 12,400-12,450/mt. The low buying sentiment of downstream producers always dampened the lead price.

 

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