Lead Up and LME Stocks Falling

Lead closed at $1,950 from $1,909 on Tuesday.  The London Metal Exchange (LME) saw stocks fall to their lowest level since June with a 700 tonne drop to 79,150.

move LME Cu 7340.00 70.00 +0.96 6670.00 10.04 SHFE Cu* 57710.00 410.00 +0.72 56880.00 1.46 LME Alum 2672.00 -23.00 -0.85 2403.00 11.19 SHFE Alu* 17150.00 -50.00 -0.29 18180.00 -5.67 COMEX Cu** 335.75 3.50 +1.05 303.05 10.79 LME Zinc 1777.00 2.00 +0.11 2370.00 -25.02 SHFE Zinc* 14245.00 200.00 +1.42 18950.00 -24.83 LME Nick 19425.00 -25.00 -0.13 26350.00 -26.28 LME Lead 1940.00 31.00 +1.62 2550.00 -23.92 LME Tin 19325.00 400.00 +2.11 16400.00 17.84 ** 1st contract month for COMEX copper * 3rd contact month for SHFE AL, CU and ZN SHFE ZN began trading on 26/3/07

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