Home / Metal News / Copper / SHFE #1 Lead Price Movement on Jul. 29
SHFE #1 Lead Price Movement on Jul. 29
Jul 29,2011 15:32CST
smm insight
Source:SMM
SHFE lead prices opened higher and plummeted as of 10:30 am, dragging down domestic spot lead prices.

SHANGHAI, Jul. 29 (SMM)--SHFE lead prices opened higher and plummeted as of 10:30 am, dragging down domestic spot lead prices. The well-known brand Chihong Zn & Ge was quoted at RMB 17,170/mt, with discounts against SHFE 1109 lead contract prices between negative RMB 500-550/mt, and with offers falling to RMB 17,120/mt later. Offers for other brands such as Chengyuan, Shuikongshan and Shuangyan were firm between RMB 17,100-17,150/mt. Transactions were quiet due to tight cash flow at the end of the month.

 

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


 

SHFE lead prices

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news