SHFE #1 Lead Price Movement on May 11
SHANGHAI, May 11 (SMM) – On Friday, quotations for well-known brands such as Chihong Zn & Ge and Nanfang were initially at RMB 15,580/mt, but rose to RMB 15,620/mt along with SHFE lead prices due to the release of China’s slower CPI growth in April. Other brands including Shuangyan, Tongguan and Shuikoushan were quoted between RMB 15,530-15,550/mt. Transactions remained quiet.
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