Lead Drops Sharply
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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Mon, Sep 29, 2008
Post by Melissa Pistilli, Lead Senior Reporter