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SHFE #1 Lead Price Movement on Sept. 15
Sep 15,2011 13:23CST
smm insight
Source:SMM
SHFE lead prices plummeted to RMB 16,245/mt after opening, and then rallied to the moving average.

SHANGHAI, Sept. 15 (SMM)--SHFE lead prices plummeted to RMB 16,245/mt after opening, and then rallied to the moving average. Domestic spot lead prices were close to yesterday’s. The brands such as Nanfang and Chihong Zn & Ge were quoted between RMB 16,140-16,160/mt, with discounts of negative RMB 200/mt against SHFE 1110 lead contract prices, while Shuangyan was quoted between RMB 16,160-16,080/mt. Downstream buying interest improved due to lower spot prices.
 

SHFE lead prices

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