Off the back of a wider metals price rally in February that saw lead trade above $1,800/t, and at timescloser to $1,900/t, LME lead values fell throughout March, settling around $1,700/t. Further driven byconcerns about the degree of slowdown in China the LME 3-month lead price finally dipped below$1,700/t at the start of April to lows last seen in January. Though such price retreats were alsoobserved by bullish hope and sister metal zinc, its respective fall was far less marked than that oflead, consequently leading to zinc trading at a premium over less investor-attractive lead.
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