SHANGHAI, Dec. 23 (SMM) – SHFE lead prices opened higher on Friday. Domestic spot prices rose by RMB 50/mt with the rising SHFE lead prices. Quotations for well-known brands such as Nanfang, Chihong Zn & Ge were around RMB 15,300/mt, with premiums against SHFE 1202 lead contract prices of RMB 50/mt. Quotations of other brands such as Hanjiang were between RMB 15,200-15,240/mt. Downstream buyers purchased on an as-needed basis and transactions were quiet ahead of the weekend.