1. Attention: We have put together a thread with tips and a tutorial video to help with using the new software. Please take a moment to check out the thread here: Trapshooters.com Tutorial & Help Video.
    Dismiss Notice

Lead, U.S. sport market, Jan 10

Discussion in 'Uncategorized Threads' started by Joe Potosky, Jan 10, 2008.

Thread Status:
Not open for further replies.
  1. Joe Potosky

    Joe Potosky Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    5,488
    The U.S. spot market price for lead jumped from $1.20 to $1.54 today.

    Could be related to the news that India will starting producing a vehicle for $2,500. A car for the masses of Asia and each will require a battery.

    But at this time no reason has been given for the raise.
     
  2. g7777777

    g7777777 TS Supporters TS Supporters

    Joined:
    Jan 29, 1998
    Messages:
    9,353
    Do you mean spot market?
     
  3. Black Rifle

    Black Rifle TS Member

    Joined:
    Nov 22, 2007
    Messages:
    100
    Dee-amm!

    <a href="http://s264.photobucket.com/albums/ii192/SmokedClays/?action=view&current=t24_ld450x275.gif" target="_blank">[​IMG]</a>
     
  4. Dickgshot

    Dickgshot Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    3,676
    By my calculation that bumps the price of a flat by $ 6.00- In the case of Cabela's to $81 a flat.

    Tennis anyone?
     
  5. chatbrat

    chatbrat TS Member

    Joined:
    Jan 29, 1998
    Messages:
    378
    If you have a safe, might think about taking the guns out & putting your ammo in!!!-Phil
     
  6. Dave P

    Dave P TS Supporters TS Supporters

    Joined:
    Jan 29, 1998
    Messages:
    2,512
    Location:
    Canton, Il.
    Pleas define "spot" market.
     
  7. EDGARMCM

    EDGARMCM TS Member

    Joined:
    Jan 29, 1998
    Messages:
    155
    Spot market

    The spot market or cash market is a commodities or securities market in which goods are sold for cash and delivered immediately. Contracts bought and sold on these markets are immediately effective. Spot markets can operate wherever the infrastructure exists to conduct the transaction. The spot market for most securities exists primarily on the internet.

    Spot Market

    1. A commodities or securities market in which goods are sold for cash and delivered immediately. Contracts bought and sold on these markets are immediately effective.

    2. A futures transaction for which commodities can be reasonably expected to be delivered in one month or less. Though these goods may be bought and sold at spot prices, the goods in question are traded on a forward physical market.

    1. The spot market is also called the "cash market" or "physical market", because prices are settled in cash on the spot at current market prices, as opposed to forward prices.

    2. Crude oil is an example of a future that is sold at spot prices but its physical delivery occurs in one month or less.
     
  8. Joe Potosky

    Joe Potosky Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    5,488
    The spot market or cash market is a commodities or securities market in which goods are sold for cash and delivered immediately.

    Contracts bought and sold on these markets are immediately effective.
     
  9. Tailfeathers

    Tailfeathers TS Member

    Joined:
    Oct 26, 2007
    Messages:
    5
    A couple Chinese factories just got Big Toy orders & had to stock up on lead.
     
Thread Status:
Not open for further replies.