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Lead Drops Sharply

September 29, 2008 @ 8:02 am In Lead Market News

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.

Read the article here [1].


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[1] here: http://www.reuters.com/article/companyNewsAndPR/idUSLT47833720080929

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