Lead and zinc’s three-month prices were down by 5% and 3.4% respectively at the 5pm close, to $2,052.50 per tonne and $2,792.50 per tonne respectively, and at their lowest since February 10.
Tin’s price, meanwhile, was down by 4.4% to $25,664 per tonne from $26,840 per tonne on Thursday, when it hit a high of $27,500 per tonne.
Its cash-to-three-month backwardation spread fell to less than $1,000 per tonne at the close for the first time since February 9, with a reading of $875 per tonne.
Elsewhere, copper’s price was down by 3.6%...
