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[Pb] Summary - 2008/12/29 Lead Market

iconDec 7, 2009 13:16
Source:SMM

SHANGHAI,Dec. 29 (CBI China) -- The latest LME lead inventories increased by 400 mt.

    There were fewer lead purchases for storage before New Year, SHFE lead prices were traded at RMB 10000-10100/mt at noon. The supply was limited and the downstream was cautious about purchases, leading slim transactions. It is heard that imported leads from South Korea were sold.

    In addition, today U.S. dollar against RMB is 6.8357


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