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SHFE #1 Lead Price Movement on December 20
Dec 20,2011 14:10CST
smm insight
Source:SMM
SHFE lead prices fluctuated violently after its opening on Tuesday.

SHANGHAI, Dec. 20 (SMM) – SHFE lead prices fluctuated violently after its opening on Tuesday. Wait-and-see attitude prevailed in domestic spot markets, with transactions modest. Quotations for well-known brands such as Nanfang, Chihong Zn & Ge were RMB 15,150-15,180/mt, with premiums against SHFE 1201 lead contract prices at RMB 50/mt. Quotations for other brands, like Jingui, were at RMB 15,120/mt, and at RMB 15,040/mt for one brand from Fujian, which was rarely heard before.

SHFE #1 lead
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