SHFE #1 Lead Price Movement on Sept. 14

Sep 14, 2011 13:36

SHFE lead prices opened higher but inched down later today, with domestic spot lead prices close to yesterday’s.

SHANGHAI, Sept. 14 (SMM)--SHFE lead prices opened higher but inched down later today, with domestic spot lead prices close to yesterday’s. The brands such as Nanfang and Chihong Zn & Ge were quoted between RMB 16,200-16,230/mt, with discounts of negative RMB 200/mt against SHFE 1110 lead contract prices. Other brands such as Hanjiang were quoted around RMB 16,150/mt. Traders were pessimistic toward lead price trends, while downstream buyers were also cautious, keeping transactions quiet.

SHFE lead prices

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SHFE #1 Lead Price Movement on Sept. 14

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