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SHFE #1 Lead Price Movement on August 18, 2011
Aug 18,2011 14:16CST
smm insight
Source:SMM
Domestic Chihong Zn & Ge brand was earlier quoted at RMB 16,200/mt, with discounts of negative RMB 420-470/mt against SHFE 1110 lead contract prices.

SHANGHAI, Aug. 18 (SMM)--Domestic Chihong Zn & Ge brand was earlier quoted at RMB 16,200/mt, with discounts of negative RMB 420-470/mt against SHFE 1110 lead contract prices. Since SHFE lead prices surged by RMB 100/mt as of 10:30, prices of Chihong Zn & Ge were then raised to RMB 16,300/mt, with discounts remaining unchanged. Other brands such as Jinguan were generally quoted at RMB 16,150/mt. Traders were more active due to optimistic speculation, causing transactions to improve.
 

SHFE lead

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