Tag: lead inventory drawdown

Lead market finds support as inventory declines but cautious demand prevails

Jan 19, 2026

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by

Rounak Gairarey

in Lead

LME lead inventories decline by 6.82% w-o-w Cash and 3-month contracts track similar weekly pattern The London Metal Exchange (LME) lead market continued its recovery over 12–16 January 2026, building on early-year gains. Prices advanced steadily amid short-covering and improved sentiment, though high exchange inventories remained a persistent ceiling on the rally’s scope. Price trends…