suggest a review of the lead price spot on LME It's what i...

suggest a review of the lead price spot on LME

It's what i indicated would happen 2-3 weeks ago - lead has been where gold was in July/Aug last year and needed some pull back to regather strength

those extended highs are always ripest for news event selloffs - but lead intrinsically is less at risk to china property slowing down than iron ore, coal etc

in fact sharp selloffs are better - lead to faster price recovery usually

whats also worth looking at is the zinc chart. Wood Mackenzie would never forecast that in a million years