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SHFE #1 Lead Price Movement on December 22

iconDec 22, 2011 13:28
SHFE lead prices rallied after dipping to a low level on Thursday.

SHANGHAI, Dec. 22 (SMM) – SHFE lead prices rallied after dipping to a low level on Thursday. Transactions were quiet in domestic spot markets with wait-and-see sentiment. Quotations for well-known brands such as Nanfang, Chihong Zn & Ge were around RMB 15,250/mt, with premiums against SHFE 1202 lead contract prices of RMB 50/mt. Quotations of other brands such as Hexing from Gejiu and the brand from Fujian were between RMB 15150-15180/mt.

SHFE #1 lead
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