Showing posts with label LME. Show all posts
Showing posts with label LME. Show all posts

Friday, July 27, 2007

Lead Stockpiles on LME Decline to Three-Month Low; Nickel Inventories Rise

(Bloomberg) -- Lead stockpiles monitored by the
London Metal Exchange fell to the lowest in more than three
months. Nickel inventories rose to a 13-month high.

The lead inventories dropped 450 metric tons, or 1.1
percent, to 39,000 tons, the LME said today in a daily report.
That's the lowest since April 19.


Read more at Bloomberg Commodities News

Monday, July 16, 2007

Lead hits record, nickel slips, copper eases

(Reuters) - Lead prices on the London Metal Exchange have almost doubled this year, while nickel has moved the other way.




Benchmark copper was subdued with the market focused on possible mine strikes, though stocks in LME warehouses rose.


Read more at Reuters.com Hot Stocks News

Wednesday, July 11, 2007

Lead Price Advances to a Record $3,000 a Ton on London Metal Exchange

(Bloomberg) -- Lead gained to $3,000 a metric ton,
the highest ever, on the London Metal Exchange.

The contract for delivery in three months on the LME gained
$55, or 1.9 percent, to $2,990 a ton as of 9:58 a.m. local time.
Earlier, it gained as much as 2.2 percent to $3,000.


Read more at Bloomberg Commodities News