Tag: lead inventory analysis

LME lead trades in narrow range; inventory drawdown lends support to prices

May 9, 2026

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by

Prerana Rout

in Lead, Non Ferrous

Prices remain capped amid cautious sentiment Gradual stock decline limits downside pressure Lead prices on the London Metal Exchange (LME) traded within a narrow range during the week ended 8 May 2026, supported by continued inventory drawdowns but capped by cautious market sentiment and subdued downstream demand. While prices strengthened during the first half of…