SHANGHAI, Feb 9 (SMM) – On Thursday, SHFE lead prices followed a downward trend after opening lower on Thursday. Prices for domestic well-known brands such as Chihong Zn & Ge and Chengyuan were at RMB 15,980-16,000/mt, with discounts against the most active SHFE lead contract price at RMB 150/mt. Quotations for lead from Gejiu were rarely reported. As SHFE lead prices fell at around 11:15 a.m., wait-and-see sentiment dominated spot markets with fewer transactions made compared with the previous trading day.