LIVE FUTURES REPORT 17/05: Lead up 1%; copper rises following last week's decline

Prices of base metals on the London Metal Exchange were up during morning trading on Monday May 17, with lead gaining the most in percentage terms, after a week which saw all prices reach new highs, before ending lower on Friday.

Three-month lead was trading at $2,179.50 per tonne at 9am on Monday, up 1.1% from Friday's closing price of $2,155 per tonne.
The contract ended last week 2.6% lower on Friday compared with Monday, when it recorded a year-to-date high of $2,258.50 per tonne before closing the day at $2,212.50 per tonne.
Copper rose to trade at $10,269.50 per tonne on Monday morning, compared with Friday's $10,240-per-tonne closing price.

The three-month contract, while still...

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