London Metal Exchange base metals prices were mostly higher during morning trading on Wednesday September 12, with the complex recouping losses made at Tuesday’s close.Three-month zinc and lead prices climbed more than 2% this morning, supported by a slight downtick in the dollar index. Having fallen to its lowest price since August 20 at Tuesday’s close, lead’s three-month price has pushed back above $2,000 per tonne, supported by increased seasonal demand from the global battery sector. Similarly, nickel’s three-month price firmed over the morning, pushing back toward $12,500 per tonne after reaching a low of $12,085 per tonne overnight – its lowest price since December 2017.
