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SHFE #1 Lead Price Movement on Sept. 19
Sep 19,2011 17:03CST
smm insight
Source:SMM
SHFE lead prices fell below the RMB 16,000/mt level in the morning session.

SHANGHAI, Sept. 19 (SMM)--SHFE lead prices fell below the RMB 16,000/mt level in the morning session. Well-known brands such as Chihong Zn & Ge, Yuguang, Nanfang and Chengyuan were quoted between RMB 15,850-15,930/mt, with discounts of negative RMB 50-100/mt against SHFE 1110 lead contract prices. Smelters were holding goods below RMB 16,000/mt level, while some traders continued to sell goods. Well-known brands of lead available in the market increased, with quotations for un-known brands rarely reported. Transactions were quiet due to plunging SHFE lead prices, and due to exacerbating environmental protection inspections in Shanghai and Jiangsu.
 

SHFE lead prices

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