LIVE FUTURES REPORT 19/11: Lead up 1.5%; LME complex fluctuating

Lead showed the biggest increase in its three-month price at the end of trading on the London Metal Exchange on Thursday November 19, while prices for the rest of the base metals complex fluctuated after a flat morning trading session.

The three-month price for lead was up by 1.54% on Thursday at 5pm, trading at $1,978.50 per tonne and up from Wednesday’s closing price of $1,948.50 per tonne.
This was the fifth consecutive day that the metal had ended trading above $1,900 per tonne, a mark hit for the first time since August this year on November 13. It was also its eighth consecutive day with a gain in price.

“Fund managers were bullish toward the heavy metal for the fourth week in a row in...


Ana de Liz

November 19, 2020

18:27 GMT