Lead’s underlying price on the LME was recently seen at $1,894 per tonne, dipping below the $1,900-per-tonne support level, with just 870 lots exchanged over the morning period.
After reaching an intra-morning high of $1,907.50 per tonne and closing at $1,906 per tonne, the metal’s outright price softened to a morning low of $1,890 per tonne, its lowest level since August 1.
Forward spreads...
