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SHFE #1 Lead Price Movement on November 25

iconNov 25, 2011 14:08
Source:SMM
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

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