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Home / Metal News / SHFE #1 Lead Price Movement on December 5

SHFE #1 Lead Price Movement on December 5

Dec 5, 2011 13:16

Source:SMM

SHFE lead prices moved weakly around the moving average on Monday after opening.

SHANGHAI, Dec. 5 (SMM) – SHFE lead prices moved weakly around the moving average on Monday after opening. Quotations for domestic well-known brands such as Nanfang, Chihong Zn & Ge were between RMB 15,630-15,640/mt, close to SHFE 1201 lead contract prices. Quotations for other brands such as Huoju were RMB 15,600/mt. Smelters mainly moved goods for long-term contracts due to optimism. Meanwhile, downstream buyers only purchased as needed due to higher prices, leaving transactions quiet.

SHFE #1 lead

lead prices

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SHFE #1 Lead Price Movement on December 5

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