Tag: lme lead inventories
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Lead market finds support as inventory declines but cautious demand prevails
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…