SHFE #1 Lead Price Movement on January 13-Shanghai Metals Market

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SHFE #1 Lead Price Movement on January 13

SMM Insight 01:14:17PM Jan 13, 2012 Source:SMM

SHANGHAI, Jan. 13 (SMM) – SHFE lead prices moved between RMB 15,380-15,430/mt after opening on Friday. In domestic spot markets, quotations for well-known brands such as Nanfang, Chihong Zn & Ge were around RMB 15,400/mt, close to SHFE 1203 lead contract prices. Other brands including Tianma were quoted around RMB 15,300/mt. Limited inquiries were reported in the market as downstream enterprises and traders began their holiday. Transactions were relatively quiet.

SHFE #1 Lead Price Movement on January 13

SMM Insight 01:14:17PM Jan 13, 2012 Source:SMM

SHANGHAI, Jan. 13 (SMM) – SHFE lead prices moved between RMB 15,380-15,430/mt after opening on Friday. In domestic spot markets, quotations for well-known brands such as Nanfang, Chihong Zn & Ge were around RMB 15,400/mt, close to SHFE 1203 lead contract prices. Other brands including Tianma were quoted around RMB 15,300/mt. Limited inquiries were reported in the market as downstream enterprises and traders began their holiday. Transactions were relatively quiet.