Tag: lead acid battery demand
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LME lead slips despite sharp inventory drawdown as weak demand weighs
LME lead stocks fall 16,700 t w-o-w to 424,575 t, but prices decline 0.6% Weak lead-acid battery demand and rising Chinese social inventories keep physical sentiment subdued London Metal Exchange (LME) lead prices edged lower during the week ended 7 August 2026, despite a sharp drawdown in exchange inventories. The divergence highlights persistent weakness in…