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SHFE #1 Lead Price Movement on December 26
Dec 26,2011 13:43CST
smm insight
Source:SMM
SHFE lead prices, with the closure of LME market, moved down after opening on Monday.

SHANGHAI, Dec. 26 (SMM) – SHFE lead prices, with the closure of LME market, moved down after opening on Monday. Domestic spot markets were quiet in general with limited deals done. Both traders and downstream buyers stood on the sidelines. Quotations for well-known brands such as Yuguang, Chihong Zn & Ge were between RMB 15,260-15,270/mt, with premiums against the most active SHFE lead contract prices of RMB 100/mt. Quotations of other brands such as Hanjiang were around RMB 15,240/mt.
 

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