Lead contract structure still unclear
Nov 12, 2012 | 03:11 PM
| Daniel Fitzgerald
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. Its been a month since LME....
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