Tag: LME stock drawdown

Lead prices rebound globally as LME stocks decline; surplus still caps upside

Jan 12, 2026

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by

Rounak Gairarey

in Lead

LME lead cash prices gain 1.69% w-o-w MCX lead rises with global rebound, steady battery demand The London Metal Exchange (LME) lead market posted solid gains over 5-9 January 2026, recovering from year-end consolidation. Prices rose steadily mid-week, driven by short-covering, broader base-metal strength, and improved macro sentiment, though elevated inventories continued to cap the…