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.