Tag: lead market forecast
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LME lead steadies w-o-w; sharp inventory jump caps upside
Mid-week firmness fades amid stock overhang MCX prices range-bound; open interest increases Lead prices on the London Metal Exchange (LME) traded in a narrow band in the week ended 20 February, as early stability gave way to consolidation amid a sharp rise in exchange inventories. While prices attempted to stabilise above the $1,900/t mark, a…