Tag: battery demand
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LME lead prices firm despite oversupply and soft battery demand
Market remains cautious during year-end positioning China cuts tariff on battery black mass imports starting 1 Jan The London Metal Exchange (LME) lead market showed mild firmness during 29 December 2025-2 January 2026, with prices edging higher despite thin holiday trades. Stable exchange inventories and comfortable global supply fundamentals capped upside momentum, while light dip-buying…