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SMM Daily Review - 2012/1/6 Lead Market
Jan 9, 2012 08:51SHFE lead prices opened slightly lower at RMB 15,225/mt and finally closed at RMB 15,275/mt on Friday.
SHANGHAI, Jan. 9 (SMM) -- SHFE lead prices opened slightly lower at RMB 15,225/mt and finally closed at RMB 15,275/mt on Friday. Trading volumes increased by 206 lots to 400 lots, and positions decreased by 2 lots to 1,100 lots.
In domestic spot markets, transactions were not as active as previous days. Downstream buyers only purchased on as-needed basis. Quotations for well-known brands such as Nanfang, Shuikoushan and Yubei were between RMB 15,230-15,250/mt. Quotations for other brands including Hexing were at RMB 15,180/mt. Buyers were cautiously buying goods ahead of weekend.
SHFE lead
spot lead
daily review
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