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Home / Metal News / SHFE #1 Lead Price Movement on November 25

SHFE #1 Lead Price Movement on November 25

iconNov 25, 2011 14:08
SHFE lead prices fluctuated at low levels on Friday.

SHANGHAI, Nov. 25 (SMM) – SHFE lead prices fluctuated at low levels on Friday. Traded prices for domestic well-known brands such as Nanfang and Chinhong Zn & Ge remained stable compared to the previous trading day, with premiums against the most active SHFE lead contract prices expanding to RMB 50-80/mt. Other lead brands were traded at RMB 15,150/mt. With the expansion of premiums, arbitrage trading increased and purchases among downstream buyers remained active. Transactions improved remarkably.

SHFE #1 Lead
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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