SMM Daily Review - 2010/1/13 Lead Market -Shanghai Metals Market

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SMM Daily Review - 2010/1/13 Lead Market

SMM Insight 10:45:27AM Jan 14, 2010 Source:SMM

SHANGHAI, Jan. 14 (SMM) -- On Wednesday, SMM lowered lead prices by RMB 250/mt to the RMB 16,500-16,900/mt range. Market reported mixed offers. Prices of low-end goods from Yunnan province ranged from RMB 16,300/mt to RMB 16,400/mt, while well-known branded products made no concession in prices, adopting a wait-and-see attitude. However, traders sold off products from panic sentiment, and offers were around RMB 16,800/mt, with sparse market transactions.

 

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 

SMM Daily Review - 2010/1/13 Lead Market

SMM Insight 10:45:27AM Jan 14, 2010 Source:SMM

SHANGHAI, Jan. 14 (SMM) -- On Wednesday, SMM lowered lead prices by RMB 250/mt to the RMB 16,500-16,900/mt range. Market reported mixed offers. Prices of low-end goods from Yunnan province ranged from RMB 16,300/mt to RMB 16,400/mt, while well-known branded products made no concession in prices, adopting a wait-and-see attitude. However, traders sold off products from panic sentiment, and offers were around RMB 16,800/mt, with sparse market transactions.

 

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