SMM Daily Review - 2010/1/18 Lead Market -Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Futures movement
  • Zinc
  • Copper
  • MMi Iron Ore Port Index
  • Aluminium
  • Stainless steel
  • Nickel
  • Market commentary
  • Macroeconomics
  • Copper scrap
  • Tin
  • Evening comments
  • inventory
  • Morning comments

SMM Daily Review - 2010/1/18 Lead Market

SMM Insight 09:55:53AM Jan 19, 2010 Source:SMM

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.

 

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 - 2010/1/18 Lead Market

SMM Insight 09:55:53AM Jan 19, 2010 Source:SMM

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.

 

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