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Home / Metal News / SMM Daily Review - 2009/12/31 Lead Market

SMM Daily Review - 2009/12/31 Lead Market

iconJan 4, 2010 00:00
Source:上海有色金属网

SHANGHAI, Jan. 4 (SMM) -- On Thursday, SMM maintained offers stable, and domestic lead market performance improved greatly on the last trading day of 2009, propelled by bullish sentiment in other base metals markets. Traded prices were in the RMB 15,800-16,000/mt. Prices for well-known branded were up to RMB 16,100-16,200/mt. Although deals at the high end were sparse, market inquiries grew. Market trading sentiment picked up significantly following improved market confidence towards outlook. Domestic lead market ended 2009 at RMB 16,000/mt. According to SMM data, the average lead price was RMB 13,815/mt in 2009.

 

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