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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