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Lead price at LME grew up to $2846 per ton

In the world market of lead there is an unprecedented rise of exchange quotations. The average price of cash lead at the London stock exchange of metals (LME) in June made $2425 per ton, on average for the first week of July - $2814, and on July 6 - $2846 per ton. Stocks of lead registered at LME warehouses have decreased for the last month from 46 down to 44 thousand tons. However, everything testifies that the market of lead is outbid due to excessive exchange speculation. The official prices of lead with delivery in 3 months have reached $2862 for ton, and with prompt delivery metal will be a little cheaper to the buyer. From the beginning of the year quotation of lead have grown by more than one and a half times. 09.07.07

Resourse: Kazakhstan Today

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