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.
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, [...]
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 [...]
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 [...]
Base metals plunged as LME inventory continued piling up. Lead prices decreased to $960 a tonne. For full story, click here
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
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
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
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
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 [...]
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