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SMM Daily Review - 2010/1/13 Lead Market
Jan 14,2010 10:45CST
smm insight

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.


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