SMM Daily Review - 2010/1/20 Lead Market -Shanghai Metals Market

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SMM Daily Review - 2010/1/20 Lead Market

SMM Insight 10:08:11AM Jan 21, 2010 Source:SMM

SHANGHAI, Jan. 21 (SMM) -- Domestic lead market remained depressed. Lead producers maintained offers firm at RMB 17,000/mt, while downstream producers showed low purchasing interest due to weak end-user demand. Traded prices of low-end products in the market were around RMB 16,600/mt, with limited trading volumes. The price gap between sellers and buyers towards outlook expanded to more than RMB 500/mt. An outside force was needed to break the market deadlock.  

 

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 - 2010/1/20 Lead Market

SMM Insight 10:08:11AM Jan 21, 2010 Source:SMM

SHANGHAI, Jan. 21 (SMM) -- Domestic lead market remained depressed. Lead producers maintained offers firm at RMB 17,000/mt, while downstream producers showed low purchasing interest due to weak end-user demand. Traded prices of low-end products in the market were around RMB 16,600/mt, with limited trading volumes. The price gap between sellers and buyers towards outlook expanded to more than RMB 500/mt. An outside force was needed to break the market deadlock.  

 

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