LME Lead Falls 5%
London Metal Exchange lead for delivery in three months dropped over 5%. The fall was in keeping with the fall in other base metal prices based on the rejection of US Congress’s proposed bail out plan.
London Metal Exchange lead for delivery in three months fell more than 5 percent to a session low of $1,735 a tonne. At 0647 GMT it was quoted at $1,751.25 against $1,830.
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Tue, Sep 30, 2008
Post by Melissa Pistilli, Lead Senior Reporter