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MB LEAD CONF: Lead price will stay muted without another e-bike story

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MB LEAD CONF: Lead price will stay muted without another e-bike story

Lead prices are likely to remain muted, as the heavy metal does not have an exciting story to drive interest from the financial community, Vivienne Lloyd, senior base metal analyst at Macquarie, said.

“Investors look at lead in the context of how it looks versus other base metals,” she told delegates at Metal Bulletin’s 7th World Lead conference on Wednesday 11 March. “The e-bike story was a differentiator for lead, but it looks as though we are getting to the end of that interesting lead story.” Her comments come as London Metal Exchange lead prices remain at two-year lows around $1,800 per…

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