Lead’s outright price closed at $1,953.50 per tonne in the afternoon, its lowest close since August 2, while turnover was at its highest since July at more than 5,800 lots exchanged by the close.
The price fell from an intraday high of $2,026 per tonne to reach a daily low of $1,951.50 per tonne, while the metal’s forward spreads facilitated selling against a benchmark cash/three-month spread recently seen in a $15...
