SHFE #1 Lead Price Movement on February 3

SMM Insight 01:38:40PM Feb 03, 2012 Source:SMM

SHANGHAI, Feb. 3 (SMM) – SHFE lead prices rose after opening down on Friday. In domestic spot markets, prices changed little from the previous trading day and transactions were modest as market players were cautious ahead of weekend. Quotations for well-known brands such as Nanfang and Chengyuan were between RMB 15,930-15,950/mt, with discounts against the most active SHFE lead contract price at RMB 150/mt. Prices for lead from Gejiu were between RMB 15,750-15,780/mt.

Key Words:  lead prices   spot lead 

SHFE #1 Lead Price Movement on February 3

SMM Insight 01:38:40PM Feb 03, 2012 Source:SMM

SHANGHAI, Feb. 3 (SMM) – SHFE lead prices rose after opening down on Friday. In domestic spot markets, prices changed little from the previous trading day and transactions were modest as market players were cautious ahead of weekend. Quotations for well-known brands such as Nanfang and Chengyuan were between RMB 15,930-15,950/mt, with discounts against the most active SHFE lead contract price at RMB 150/mt. Prices for lead from Gejiu were between RMB 15,750-15,780/mt.

Key Words:  lead prices   spot lead