Sat, Aug 23, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Pulse, Metals and Minerals more

Shortage of lead sees 40 percent metal price rise in China in past month

Posted on 07 January 2009

From Mineweb.com: Reduced supply, coupled with high winter demand, has seen lead prices rise by some 40 percent in China in the past month.Chinese prices of spot lead, used in batteries, have risen 40 percent in the past month, buoyed by reduced supply and stronger winter demand for automobile batteries, industry officials and traders said on Tuesday.

The rise in China, which consumes a third of the world’s lead, exceeded a 16 percent rise the same month on the London Metal Exchange MPB3, where the metal price was $1,122 on Tuesday….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 36568 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31