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LME Lead Falls 5%

September 30, 2008 @ 8:45 am In Lead Market News

London Metal Exchange [1] 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.

Read the full article here [2].


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URLs in this post:

[1] London Metal Exchange: http://www.lme.co.uk

[2] here: http://www.forbes.com/afxnewslimited/feeds/afx/2008/09/30/afx5487501.html

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