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SHFE #1 Lead Price Movement on Sept. 16

iconSep 16, 2011 17:07
Source:SMM
SHFE lead prices fluctuated widely, while domestic spot prices remained relatively unchanged from yesterday’s.

SHANGHAI, Sept. 16 (SMM)--SHFE lead prices fluctuated widely, while domestic spot prices remained relatively unchanged from yesterday’s. Well-known brands such as Nanfang and Chihong Zn & Ge were quoted between RMB 16,130-16,150/mt, with discounts of negative RMB 200/mt against 1110 lead contract prices. The brand Hanjiang was quoted at RMB 16,100/mt. The market sentiment was cautious ahead of the weekend, while some downstream buyers purchased modestly.
 

SHFE lead prices

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