| After indications of consolidations during the previous month, base metals prices improved during the previous month. Lead prices outperformed others with a gain of 17.5% to US$2125/ tn followed by zinc, which rose by 13.5% to US$2356/ tn.
Aluminium rose 6.7% to US$1910/ tn and copper prices gained by 3.2% to US$6245/ tn Sharp rise in lead prices and zinc prices along with fall in USD index can also be attributed to the sharp fall the inventory levels. Lead inventory fell by 25%, while zinc inventory fell by 8% and aluminium inventory fell 3%. Copper inventory rose by 2% MoM..............................................Full Article: Source
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