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

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SHFE #1 Lead Price Movement on February 10

SMM Insight 01:15:01PM Feb 10, 2012 Source:SMM

SHANGHAI, Feb 10 (SMM) – On Friday, SHFE lead prices fell after opening higher. Quotations for domestic well-known brands such as Chihong Zn & Ge and Chengyuan were at RMB 15,980/mt, with discounts against the most active SHFE lead contract price at RMB 150-170/mt. Lead from Gejiu were rarely sold. Smelters were actively selling goods but downstream buyers only purchased on an as-needed basis, leaving transactions modest.

Key Words:  lead prices   spot lead 

Price

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Gold(99.99%)
Apr.22
280.3
0.8
(0.30%)
Gold(99.95%)
Apr.22
280.1
0.7
(0.23%)
#1 Silver(99.99%)
Apr.22
3514.0
3.0
(0.09%)
Silver(99.95%)
Apr.22
3499.0
3.0
(0.09%)
Silver(99.90%)
Apr.22
3484.0
3.0
(0.09%)

SHFE #1 Lead Price Movement on February 10

SMM Insight 01:15:01PM Feb 10, 2012 Source:SMM

SHANGHAI, Feb 10 (SMM) – On Friday, SHFE lead prices fell after opening higher. Quotations for domestic well-known brands such as Chihong Zn & Ge and Chengyuan were at RMB 15,980/mt, with discounts against the most active SHFE lead contract price at RMB 150-170/mt. Lead from Gejiu were rarely sold. Smelters were actively selling goods but downstream buyers only purchased on an as-needed basis, leaving transactions modest.

Key Words:  lead prices   spot lead