Lead Prices Rise Over Production Concern
Concern that China may stop production of their lead smelters as concentrate supply falls caused an increase in lead prices. China is the world’s biggest producer of lead.
Falling inventories also provided the metal support, analysts said. Lead inventories on the LME fell 1,350 tonnes to 69,175 tonnes on Friday.
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Fri, Sep 19, 2008
Post by Melissa Pistilli, Lead Senior Reporter