Lead Drops Sharply

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Mon, Sep 29, 2008
Lead Market News
Post by Melissa Pistilli, Lead Reporter

Lead MPB3, battery material, fell as investors sold off commodities, many of which were trading in the negative.  Lead dropped more than 5% from 1,960 on Friday to $1,836 a tonne.

Three-month zinc touched $1,695 a tonne, down nearly 5 percent. It traded at $1,707 from $1,770.
Lead and zinc have lost around a quarter and nickel MNI3 has shed 35 percent since the start of the year.

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