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SHFE #1 Lead Price Movement on Aug. 12, 2011

iconAug 12, 2011 17:15
Source:SMM
SHFE lead opened higher today, pushing up domestic spot lead prices to rise RMB 200/mt.

SHANGHAI, Aug. 12 (SMM)--SHFE lead opened higher today, pushing up domestic spot lead prices to rise RMB 200/mt. The brand of Chihong Zn & Ge was generally quoted at RMB 16,300/mt, with discounts of negative RMB 380-400/mt against SHFE 1110 lead contract prices. Other brands such as Jinguan were quoted at RMB 16,250/mt. Market players were cautious on the last trading day this week, keeping transactions muted.

 

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