Metals News
[Pb] CBI Morning Review - 2008/12/26 Lead Market
data analysis
01:16PM
Dec 7,2009
Source:SMM

SHANGHAI, Dec. 26 (CBI China) -- LME metals closed for Christmas, the domestic price of lead lost support for the time being, on Wednesday lead prices at RMB 10,500/mt were unaccepted by the downstream. On Thursday, the issue of CSRB reserves of aluminum was confirmed, leading the muted market sentiment. Only a small amount of transactions were traded at RMB 10200-10400/mt, supporting RMB 10000/mt in the short term.

 
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