Rising stocks highlight adequate availability A pick-up in both LME and SHFE lead stocks in recent months is a headwind for lead prices at this seasonally weak time when the threat of severe cold weather in the northern hemisphere has passed. That said, exchange lead stocks are still relatively low, at around 109,500 tonnes on Friday, compared with 123,276 tonnes at the start of the year. While the metal markets wait for direction from the US-China trade talks, lead prices fell last week to a low of $1,907 per tonne, which tested the $1,876-1,897 per tonne band of support...
Receive a free sample of market analysis and price forecasts.
Free SampleReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.
Subscribe