In May, an concerns of lead poisoning prompted the Chinese government to shutdown lead battery and recycling plants producers. The shutdowns have worried market observers regarding the demand for lead.
Continue reading "Chinese Battery Plant Shutdowns Affect Lead Market"
Monday, June 15, 2009
By Leia Michele Toovey- Exclusive to Lead Investing News Lead and zinc prices have been on board for the base metal rally, zinc on the LME is currently trading for $1,633.50 per tonne, up 30 per cent so far this year. The metal used to galvanize steel touched a four-year low of $1,038 on Dec.12, [...]
Continue reading "Lead and Zinc join base metal rally"
Monday, April 6, 2009
By Leia Michele Toovey- Exclusive to Lead Investing News As the global economy arguably trots down the path to a recovery, the metals are diverging in prices due to differences in their fundamental dynamics. Lead was the second-best performer of the LME metals last quarter, coming in a few percentage points behind copper. Lead gained [...]
Continue reading "Lead and zinc positioned for recovery"
Monday, March 2, 2009
By Leia Michele Toovey- Exclusive to Lead Investing News Positive sentiment that spread through the markets during the week edged up most of the base metals. The U.K. benchmark FTSE 100 Index jumped 0.9 per cent and Japan’s Nikkei 225 Stock Average closed 2.7 per cent higher in Tokyo. Pessimistic data still came out of [...]
Continue reading "Market sentiment wins in price tug-of-war"
Thursday, December 18, 2008
Base metals plunged as LME inventory continued piling up. Lead prices decreased to $960 a tonne. For full story, click here
Continue reading "Lead prices decreased to $960 a tonne"
Wednesday, December 3, 2008
Lead stocks on the London Metal Exchange fell 225 tonnes to 41,075 tonnes and zinc inventories were down 175 tonnes to 190,475 tonnes. For full story, click here
Continue reading "Lead stocks slump on LME"
Wednesday, November 26, 2008
Lead stocks on the London Metal Exchange fell 225 tonnes to 41,075 tonnes and zinc inventories were down 175 tonnes to 190,475 tonnes. For full story, click here
Continue reading "Lead stocks on the London Metal Exchange fell"
Tuesday, November 25, 2008
Lead was up at $1,215/1,220 from $1,183 a tonne and tin traded up 11.3 percent or $800 at $12,800. For full story, click here
Continue reading "Lead up at $1,215/1,220"
Monday, November 24, 2008
Lead prices declined in the last week by 13.1% on the LME, despite a slump in LME inventories by 6.3%. For full story, click here
Continue reading "Lead prices declined by 13.1%"
Sunday, November 23, 2008
By Leia Michele Toovey- Exclusive to Zinc Investing News The global economic outlook seems to worsen everyday. The US, China, and India are witnessing an economic slowdown. Data coming out of Japan shows that the economy there has entered into a recession in the third quarter as corporate spending and export demand slumped. The 15 [...]
Continue reading "Zinc and lead companies underwater"
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Wednesday, June 15, 2011