Tag: lead futures
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LME lead prices soften on weak sentiment despite supply concerns
LME lead cash prices down 2.7% w-o-w Lead stocks rise sharply 14.1% during the week Lead prices on the London Metal Exchange (LME) weakened in the week ended 6 February amid bearish sentiment from US government shutdown fears and fund withdrawals, despite underlying concentrate supply tightness offering some support. Price trends LME lead cash prices…