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Home / Metal News / SHFE #1 Lead Price Movement on November 29

SHFE #1 Lead Price Movement on November 29

Nov 29, 2011 14:17

SHFE lead prices remained fluctuations after opening on Tuesday.

SHANGHAI, Nov. 29 (SMM) – SHFE lead prices remained fluctuations after opening on Tuesday. Quotations for domestic well-known brands such as Nanfang, Shuangyan and Chinhong Zn & Ge were between RMB 15,430-15,450/mt, with premiums against the most active SHFE lead contract prices of RMB 30-50/mt. Other lead brands such as Baiyin and Hexing were traded at RMB 15,350-15,370/mt. Smelters were still restricting sales due to limited stocks according to traders. Meanwhile, downstream buyers only purchased on as-needed basis for the high prices, leaving the market quiet.

SHFE #1 lead

lead price

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