LIVE FUTURES REPORT 12/11: LME lead price down 4% from November high, zinc follows lower

November 13, 2018 / www.metalbulletin.com / Article Link

Lead`s three-month price dropped almost 2% during the London Metal Exchange closing trade session on Monday November 12, followed by a 1% drop in the three-month zinc price.

Lead`s three-month price dropped almost 2% during the London Metal Exchange closing trade session on Monday November 12, followed by a 1% drop in the three-month zinc price. Lead futures closed at $1,929 per tonne, down 4% from last week`s high when the price jumped to $2,008.50 per tonne following the halting of Nyrstar`s furnaces at its Port Pirie smelter in South Australia. Today, Nyrstar`s shares plunged by around 57% on Euronext after a report published by the Dutch bank ABN Amro on Nyrstar's proposed ?,?750 million debt...

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