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SHFE #1 Lead Price Movement on Sept. 27

iconSep 27, 2011 13:09
Source:SMM
Domestic Nanfang and Chihong Zn & Ge branded spot lead was quoted between RMB 14,250-14,300/mt, with zero premiums/discounts over the most active SHFE 1111 lead contract price.

SHANGHAI, Sept. 27 (SMM) – SHFE lead price gapped higher and moved near the daily moving average today. Domestic Nanfang and Chihong Zn & Ge branded spot lead was quoted between RMB 14,250-14,300/mt, with zero premiums/discounts over the most active SHFE 1111 lead contract price. At the moment lead price has slightly stabilized. Investors remained cautious and mainly stood on the sidelines. Transactions fell short of previous day.

lead price

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