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SMM Daily Review - 2010/1/18 Lead Market
Jan 19,2010 09:55CST
smm insight

SHANGHAI, Jan. 19 (SMM) -- The end of traded prices in the Shanghai lead market edged down on Monday, with mixed views continuing. Prices of well-known branded products were firm at RMB 17,000/mt, and producers refused to move goods at lower prices. Middlemen made a small amount of deals around RMB 16,850/mt. Prices of low-end lead were around RMB 16,550/mt. Downstream producers made small purchases, an indication of low sentiment to chase higher prices. To sum up, domestic lead market remained in a stalemate.


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