Lead Advances in London as Stockpiles Decline; Tin Gains to 18-Year High

(Bloomberg) -- Lead advanced the most in more than
a month in London as the amount of available metal dropped,
fueling speculation supply will fall short of demand. Tin
climbed to the highest since 1989 and nickel had its biggest
rise in six weeks.

Inventories of lead tracked by the London Metal Exchange,
or LME, declined 3.7 percent to 37,575 tons, the exchange said
today in a daily report. That's the biggest daily drop since
Nov. 30. Prices for the metal, used mostly in car batteries,
jumped 86 percent this year and outpaced other industrial metals
as supplies from Australia were disrupted and demand improved.


Read more at Bloomberg Commodities News

Copper Futures Fall as Summer Holidays Curb Industrial Demand; Zinc Drops

(Bloomberg) -- Copper prices fell in Asia as demand
waned during the northern hemisphere summer, traditionally a
weak period for demand due to holidays.

The slowdown ``makes for a weaker physical market, which
weighs on the futures market,'' Wu Jian Jian, an analyst at
Zhejiang Yongan Futures, said. ``In the same way, the weakness
in Shanghai spilled over to the LME.''


Read more at Bloomberg Commodities News