Macquarie: The Rise of Lead Stocks Could Be Misleading
Reported lead stocks have risen recently, primarily as a result of metal previously withdrawn from LME warehouses in Asia being delivered back on to warrant elsewhere in the world.
Lead Market News Directory
Lead Futures Up on Strong Global Cues
The Economic Times reported that lead futures gained 0.26 percent to reach Rs 116.50 per kg on hints of stimulus measures from China and the US.
Lead Demand Up, Fundamentals “Relatively Good”
Bloomberg reported that demand for lead is growing as a result of battery makers depleting stock in Chinese warehouses.
Lead’s Production in Peru Advances in May
Platts reported that lead's production in Peru advanced in May.
Lead Production Will be Affected in 2012
Reuters reported that lead production will be affected by China's decision to close inefficient lead operations in 2012.
Shenzhen Zhongjin Lingnan Nonfemet’s Update on Fan Kou And Dan Xia Smelter
Reuters reported that Shenzhen Zhongjin Lingnan Nonfemet, (SHE:000060) Chinese lead and zinc miners, plans to meet the requirements of local environmental authorities related to the Fan Kou lead and zinc mine and Dan Xia zinc smelter.
Lead Futures Down 0.43 pc on Subdued Demand
MSN News reported that India lead futures fell on weak demand.
Lead Market to be in Surplus in 2011 and 2012
Commodity Online reported that according to the International Lead and Zinc Study Group, the world Lead market will be in surplus for 2011 and 2012.
Rathdowney Resources Updates Ongoing Drill Programs
NASDAQ reported Rathdowney Resources Ltd. (TSE:RTH) reported the results for the first 20 core holes at its Project Olza, located 90 kilometres northwest of Krakow, Poland.
Lead Futures Decline on Weak Overseas Trend
MSN News reported that weaker demand caused the price of lead futures to drop.
