Lead Investing News » Lead fell to $0.601 per pound

Lead fell to $0.601 per pound

October 21, 2008 @ 12:27 pm In Lead Market News

With zinc tumbling to $0.504 per pound on LME, a significant amount of production will shut down by next year, says Octagon Capital. If that happens, the lead market will also see a huge deficit, analyst Hendrik Visagie said in a research note.

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[1] here: http://network.nationalpost.com/np/blogs/tradingdesk/archive/2008/10/20/supply-issues-expected-for-zinc-lead-and-copper.aspx