Tag: lead benchmark
-

LME lead rebounds as inventories decline; battery operating rates improve
LME lead rises 0.7% w-o-w as inventories fall 6,400 t Battery operating rates improve amid seasonal demand London Metal Exchange (LME) lead prices recovered during the week as continued inventory drawdowns and improving battery production provided support. LME lead cash-settlement prices increased 0.8% to $1,868/t on 18 September from $1,854/t on 11 September. The three-month…