Tag: Indian lead market
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LME lead prices dip amid subdued global demand, persistent oversupply
LME lead inventories slip to 6-week low Offgrid Energy Labs raises $15 million LME lead prices moved in a narrow range in Week 35, closing slightly lower w-o-w. This trend was mirrored by Indian MCX prices, which also dipped w-o-w. While global prices edged down due to persistent oversupply concerns and weak downstream consumption, the…