Tag: lead prices
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Global: LME lead prices decline as pre-holiday demand fades
LME lead falls nearly 4% w-o-w despite inventory draw Chinese buying slows after pre-holiday stocking LME lead prices declined during the week ended 2 October as Chinese pre-holiday buying faded and market participants adopted a cautious stance ahead of the extended National Day holiday. The decline came despite another draw in LME warehouse stocks, with…