LIVE FUTURES REPORT 11/11: LME lead up 1.3%; complex holds flat

November 12, 2020 / www.metalbulletin.com / Article Link

Base metals prices on the London Metal Exchange remained relatively flat over the trading day on Wednesday November 11, with the notable exception being lead, which increased by 1.3%.

LME prices improved marginally over the day after holding up following Monday's news of a prospective Covid-19 vaccine from pharmaceutical company Pfizer. The LME lead price increased to $1,874.50 per tonne from Tuesday's closing price of $1,850 per tonne on the continual decline in stocks, down by 2,875 tonnes this morning to 113,350 tonnes - the lowest since July."The LME lead price enjoyed a gain of 1.9% on Tuesday, its best performance since September 4....

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