Lead prices have retreated 20% from their January high at $2,499/tonne and have breached support at $2,000/tonne with the recent drop to $1,980/tonne. However in recent weeks, prices have turned sideways and have been within a $1,980-$2,113.25/ tonne range. Interestingly lead prices have managed to hold above both last October's and the summer's lows which means it has held up considerably better that some of the other metals, especially copper and aluminium.
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