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SHFE #1 Lead Price Movement on May 4
May 4,2012 13:56CST
smm insight
Source:SMM
SHFE lead prices opened RMB 50/mt lower and remained stable Friday.

SHANGHAI, May 4 (SMM) – SHFE lead prices opened RMB 50/mt lower and remained stable Friday. In China’s domestic markets, quotations for Chihong Zn & Ge were mainly at around RMB 15,700/mt, with discounts at RMB 80-100/mt against the most active SHFE lead prices. Shuangyan was quoted at RMB 15,630/mt, and brands from Gejiu region were mainly quoted around RMB 15,600/mt. Transactions were poor ahead of the weekend.

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