(Bloomberg) -- Lead fell the most in more than a
month in London on speculation gains that drove the metal to a
record were exaggerated given signs that a supply squeeze is
easing. Copper, aluminum, nickel and zinc also fell.
Inventories of lead tracked by the London Metal Exchange
increased for a third straight day, climbing 0.8 percent to
46,400 tons, the LME said in a daily report. Stockpiles have
advanced 13 percent this year.
Read more at Bloomberg Commodities News
month in London on speculation gains that drove the metal to a
record were exaggerated given signs that a supply squeeze is
easing. Copper, aluminum, nickel and zinc also fell.
Inventories of lead tracked by the London Metal Exchange
increased for a third straight day, climbing 0.8 percent to
46,400 tons, the LME said in a daily report. Stockpiles have
advanced 13 percent this year.
Read more at Bloomberg Commodities News
No comments:
Post a Comment