The Zhitong Finance App learned that the London Metal Exchange (LME) lead market is experiencing an epic supply shock. On Wednesday (July 15), lead stocks tracked by LME surged 86,500 tons per day to 456,575 tons, the highest level since records began in 1970. The price of lead fell 0.8% to $1,852 per tonne. At one point, it hit $1,840 in the intraday period, the lowest since April 2025, and is approaching its lowest level since 2022.

The Zhitong Finance App learned that the London Metal Exchange (LME) lead market is experiencing an epic supply shock. On Wednesday (July 15), lead stocks tracked by LME surged 86,500 tons per day to 456,575 tons, the highest level since records began in 1970. The price of lead fell 0.8% to $1,852 per tonne. At one point, it hit $1,840 in the intraday period, the lowest since April 2025, and is approaching its lowest level since 2022.