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 [...]
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Friday, August 22, 2008
Mumbai, India reported yesterday that lead is expected to continue to fall due to decreased demand and increased supply. Lead did find some support after the world’s largest producer of lead, China, suffered their Sichuan earthquake in May. As well, July saw lead rise on a fear of decreased production from China and its resulting [...]
Continue reading "Lead Prices Set to Dip Further"
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Monday, September 29, 2008