LIVE FUTURES 15/09: Lead down 2%; most base metals bounce back

Lead fell to its lowest level since late June during morning trading on the London Metal Exchange on Wednesday September 15, while the rest of the complex bounced back from two days of declines.

Three-month lead lost 2% to $2,226.50 per tonne at 9am, from its Tuesday closing price of $2,276.50 per tonne.
The contract fell as low as $2,213 per tonne during early trading, its lowest since June 29, amid strong volumes. Some 2,400 lots of lead had been traded by 9am, well over half of the average of the past five days of 3,900 lots.

Meanwhile, lead’s October contract on the Shanghai Futures Exchange hit an intraday...

Published

Ana de Liz

September 15, 2021

09:15 GMT

London