Tag: metal market analysis
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LME lead firms w-o-w; late-week pullback trims gains
Mid-week rally fades after testing $1,990/t MCX prices edge higher; open interest builds Lead prices on the London Metal Exchange (LME) trended higher in the week ended 27 February, supported by a mid-week rally before easing toward the close. While prices briefly strengthened toward the $1,990/t mark in the three-month contract, late profit-taking capped further…