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SHFE #1 Lead Price Movement on August 24, 2011
Aug 24, 2011 13:19Source:SMM
Boosted by SHFE 1110 lead contract prices, domestic spot lead prices were up RMB 50-100/mt from yesterday.
SHANGHAI, Aug. 24 (SMM)--Boosted by SHFE 1110 lead contract prices, domestic spot lead prices were up RMB 50-100/mt from yesterday. Well-known brands such as Nanfang, Chihong Zn & Ge and Shuikoushan were quoted between RMB 16,250-16,300/mt, with discounts of negative RMB 400-420/mt against SHFE 1110 lead contract prices. Other brands such as Hanjiang and Shuangyan were generally quoted between RMB 16,200-16,220/mt. Downstream buying interest was low due to higher prices, keeping transactions quiet.
lead prices
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