SMM Daily Review - 2010/1/12 Lead Market -Shanghai Metals Market

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SMM Daily Review - 2010/1/12 Lead Market

SMM Insight 10:26:49AM Jan 13, 2010 Source:SMM

SHANGHAI, Jan. 13 (SMM) -- The low-end of traded prices in the Shanghai market edged down, and market continued to report mixed views. Prices of well-known branded products remained at RMB 17,000/mt, while prices of unknown products dropped to the RMB 16,500-16,550/mt range. Transactions were mainly done by traders, with low buying interest from downstream producers. As a result, support at the RMB 17,000/mt was weak, and will hardly sustain.

 

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None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn

Key Words:  lead Pb  lead price 

SMM Daily Review - 2010/1/12 Lead Market

SMM Insight 10:26:49AM Jan 13, 2010 Source:SMM

SHANGHAI, Jan. 13 (SMM) -- The low-end of traded prices in the Shanghai market edged down, and market continued to report mixed views. Prices of well-known branded products remained at RMB 17,000/mt, while prices of unknown products dropped to the RMB 16,500-16,550/mt range. Transactions were mainly done by traders, with low buying interest from downstream producers. As a result, support at the RMB 17,000/mt was weak, and will hardly sustain.

 

Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn

Key Words:  lead Pb  lead price