Lead contract structure still unclear

Nov 12, 2012 | 03:11 PM | Daniel Fitzgerald

Tags  lead premium, 2013 lead contracts, cost plus, LME plus, primary lead, secondary lead, junk batteries, pricing structure prices

NEW YORK — Lead consumers and sellers have yet to reach any kind of resolution regarding the pricing structure of 2013 contracts, with market participants reporting that some deals may be done on a month-by-month basis instead of on an annual basis. The spot premium continued to trade at a record high range of 14 to 16 cents per pound last week, with traders reporting that most activity was focused on contract negotiations for 2013. “It’s been a month since LME....





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