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SHFE #1 Lead Price Movement on November 14
Nov 14, 2011 15:01SHFE lead prices opened higher and fluctuated to rise on Monday.
SHANGHAI, Nov. 14 (SMM) – SHFE lead prices opened higher and fluctuated to rise on Monday. Quotations for domestic well-known brands such as Nanfang, Chihong Zn & Ge and Yuguang were between RMB 15,400-15,470/mt, close to the most actively traded SHFE lead contract prices, up RMB 400/mt compared to last Friday. Downstream buyers only purchased as needed, leaving transactions quiet, and with a wait-and-see sentiment dominating the market.
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