SHFE #1 Lead Price Movement on January 9-Shanghai Metals Market

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SHFE #1 Lead Price Movement on January 9

SMM Insight 01:21:00PM Jan 09, 2012 Source:SMM

SHANGHAI, Jan. 9 (SMM) – SHFE lead prices fluctuated widely after opening on Monday. In domestic spot markets, traded prices for well-known brands such as Nanfang, Chihong Zn & Ge, and Shuikoushan were between RMB 15,210-15,230/mt. Other brands including Tianma were traded at RMB 15,150-15,180/mt. Despite the upcoming Chinese New Year holiday, markets were cautious before the release of China's December CPI data. Buyers still purchased on as-needed basis, leaving transactions modest.
 

Key Words:  SHFE #1 lead   lead prices   lead Pb 

SHFE #1 Lead Price Movement on January 9

SMM Insight 01:21:00PM Jan 09, 2012 Source:SMM

SHANGHAI, Jan. 9 (SMM) – SHFE lead prices fluctuated widely after opening on Monday. In domestic spot markets, traded prices for well-known brands such as Nanfang, Chihong Zn & Ge, and Shuikoushan were between RMB 15,210-15,230/mt. Other brands including Tianma were traded at RMB 15,150-15,180/mt. Despite the upcoming Chinese New Year holiday, markets were cautious before the release of China's December CPI data. Buyers still purchased on as-needed basis, leaving transactions modest.
 

Key Words:  SHFE #1 lead   lead prices   lead Pb