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SHFE #1 Lead Price Movement on November 15
Nov 15,2011 13:46CST
smm insight
Source:SMM
SHFE lead prices moved around daily moving average after opening slightly lower on Tuesday.

SHANGHAI, Nov. 15 (SMM) – SHFE lead prices moved around daily moving average after opening slightly lower on Tuesday. Quotations for domestic well-known brands such as Nanfang, Chihong Zn & Ge and Hanjiang were between RMB 15,400-15,450/mt, with premiums over SHFE 1112 lead contract prices at positive RMB 30-50/mt. Traded prices of several unknown brands were around RMB 15,380/mt. Transactions remained modest with wait-and-see sentiment in the market.

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