SHFE #1 Lead Price Movement on January 16

SMM Insight 01:26:36PM Jan 16, 2012 Source:SMM

SHANGHAI, Jan. 16 (SMM) – SHFE lead prices moved around the moving averages after opening lower on Monday. In domestic spot markets, quotations for well-known brands such as Nanfang, Chihong Zn & Ge were between RMB 15,360-15,370/mt, close to the most active SHFE lead contract prices. Quotations were rarely reported in the market as downstream traders began their holiday. Transactions were rather quiet.

Key Words:  SHFE lead   lead prices   spot lead 

SHFE #1 Lead Price Movement on January 16

SMM Insight 01:26:36PM Jan 16, 2012 Source:SMM

SHANGHAI, Jan. 16 (SMM) – SHFE lead prices moved around the moving averages after opening lower on Monday. In domestic spot markets, quotations for well-known brands such as Nanfang, Chihong Zn & Ge were between RMB 15,360-15,370/mt, close to the most active SHFE lead contract prices. Quotations were rarely reported in the market as downstream traders began their holiday. Transactions were rather quiet.

Key Words:  SHFE lead   lead prices   spot lead