Lead

Lead stays under pressure in the metals market as inventory draws fail to offset demand worries and mixed base metal trading.

Lead prices hold near recent highs as warehouse stock swings and cooler CPI keep metals traders focused on physical demand.

Lead prices rebound from July lows, but elevated exchange stocks and cautious battery demand keep metals traders defensive.

Lead inventories near record highs put the battery metal in focus as metals traders weigh surplus risk, warehouse flows and demand signals.