Metals News
SHFE #1 Lead Price Movement (2012-11-27)
smm insight
04:31PM
Nov 27,2012
Source:SMM

SHANGHAI, Nov. 27 (SMM) – SHFE lead prices fluctuated down after opening Tuesday, undermining market confidence. Downstream buying interest in China’s spot lead market was further dampened. Chihong Zn & Ge was quoted at RMB 14,850/mt, with spot discounts of RMB 400/mt over the 1301 SHFE lead contract price, and Nanfang was quoted at RMB 14,810/mt. Quotations for Mengzi were RMB 14,780/mt. Transactions were weaker than the previous trading day.
 

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