lead at 16 month high, page-3

Copper and Nickel down.
BUT
Zinc and lead up further

Zinc September 09,08:11
Bid/Ask 0.8813 - 0.8858
Change +0.0005 +0.05%
Low/High 0.8713 - 0.8967


Lead September 09,08:11
Bid/Ask 1.1043 - 1.1088
Change +0.0000 +0.00%
Low/High 1.0907 - 1.1247

When will all the sellers stop. Maybe they should read the latest news.

Lead Smelters

Among other LME metals for three-month delivery, lead fell $1, or 0.1 percent, to $2,454 a ton. Yesterday, lead climbed as high as $2,517.25, the highest intraday price since May 7, 2008.

The metal, used mainly in batteries, has led gains this year on the LME, partly on concern about closings of smelters in China because of tighter environmental enforcement.

At least half a million tons of lead capacity is under investigation, according to Standard Chartered Plc. The country produces some 4 million tons of lead a year, almost half of total global supplies of 8.5 million tons, it said.