LIVE FUTURES REPORT 12/11: Lead climbs highest as LME complex edges upward

November 13, 2020 / www.metalbulletin.com / Article Link

Base metals prices on the London Metal Exchange were mostly higher at the close of trading on Thursday November 12, with lead being the star performer and the rest of the complex showing smaller gains.

The three-month price for the heavy metal showed a 1.3% increase from its closing price on Wednesday, to $1,899 per tonne on Thursday.
Stock levels dipped by a further 300 tonnes on Thursday to 113,050 tonnes, down by 14% from 132,225 tonnes a month earlier.

Market specialists expected that if the effects of second Covid-19-related lockdowns in Europe were less severe than in March, and if the Chinese...

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