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SHFE #1 Lead Price Movement on Sept. 7, 2011
Sep 7,2011 13:25CST
smm insight
Source:SMM
SHFE lead prices opened higher and hovered around the moving average later today.

SHANGHAI, Sept. 7 (SMM)--SHFE lead prices opened higher and hovered around the moving average later today. Spot discounts of well-known brands such as Nanfang and Chihong Zn & Ge were around negative RMB 300/mt against SHFE 1110 lead contract prices, and with traded prices between RMB 16,180-16,220/mt. Quotations for other brands were rarely reported. A wait-and-see sentiment dominated the market, leaving transactions still quiet.
 

SHFE lead prices

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