SHFE #1 Lead Price Movement on January 10-Shanghai Metals Market

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SHFE #1 Lead Price Movement on January 10

SMM Insight 01:37:18PM Jan 10, 2012 Source:SMM

SHANGHAI, Jan. 10 (SMM) – SHFE lead prices fluctuated down after opening on Tuesday. In domestic spot markets, traded prices for well-known brands such as Nanfang, Chihong Zn & Ge, were between RMB 15,220-15,230/mt, with premiums of RMB 70/mt over SHFE 1203 lead contract prices. Other brands including Tianma were traded at RMB 15,150/mt. Despite the upcoming Chinese New Year holiday. Transactions were modest and buyers were not actively building stocks ahead of holiday.

Key Words:  SHFE lead   lead Pb   lead prices 

SHFE #1 Lead Price Movement on January 10

SMM Insight 01:37:18PM Jan 10, 2012 Source:SMM

SHANGHAI, Jan. 10 (SMM) – SHFE lead prices fluctuated down after opening on Tuesday. In domestic spot markets, traded prices for well-known brands such as Nanfang, Chihong Zn & Ge, were between RMB 15,220-15,230/mt, with premiums of RMB 70/mt over SHFE 1203 lead contract prices. Other brands including Tianma were traded at RMB 15,150/mt. Despite the upcoming Chinese New Year holiday. Transactions were modest and buyers were not actively building stocks ahead of holiday.

Key Words:  SHFE lead   lead Pb   lead prices