LIVE FUTURES REPORT 26/11: LME base metals prices continue consolidation; lead edges lower

Base metals prices on the London Metal Exchange were mostly lower during morning trading on Tuesday November 26, with lead topping losses and closing in on nearby support levels.

Lead’s outright price was recently seen at $1,950 per tonne this morning, with just over 1,100 lots exchanged as of 9:05am London time. The metal’s underlying price climbed higher during October, reaching a high of $2,262 per tonne on October 29, driven by supply-side disruptions. But poor demand continues to cap spot appetite for LME lead, while positive forward...

Published

Hassan Butt

November 26, 2019

10:05 GMT

London