Base metals prices on the London Metal Exchange were down across the board at the close on Monday December 21 amid broad-based profit-taking.
Lead was the worst performer, falling 3.9% to $1,959.50 per tonne at the close. Trading volume was relatively low with just over 5,000 lots. Lead stocks on the LME continue to rise, weighing on sentiment for the heavy metal. After big inflows of 13,000 tonnes on December 17, a further 2,000 tonnes were delivered in today to LME-listed warehouses in Singapore. Total LME stocks now sit at 133,775 tonnes - up from 112,700 tonnes at the...