-+ 0.00%
-+ 0.00%
-+ 0.00%
The Zhitong Finance App learned that the London Metal Exchange (LME) lead market is experiencing an epic supply shock. On Wednesday (July 15), lead stocks tracked by LME surged 86,500 tons per day to 456,575 tons, the highest level since records began in 1970. The price of lead fell 0.8% to $1,852 per tonne. At one point, it hit $1,840 in the intraday period, the lowest since April 2025, and is approaching its lowest level since 2022.
Share
Listen to the news
The Zhitong Finance App learned that the London Metal Exchange (LME) lead market is experiencing an epic supply shock. On Wednesday (July 15), lead stocks tracked by LME surged 86,500 tons per day to 456,575 tons, the highest level since records began in 1970. The price of lead fell 0.8% to $1,852 per tonne. At one point, it hit $1,840 in the intraday period, the lowest since April 2025, and is approaching its lowest level since 2022.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending