Major metals rally

ALL the major base metals rallied overnight, with lead taking the lead, stacking on an additional 1.61% to US$2149 per tonne. It rallied from 12-month low amid speculation that secondary metal processors in China were cutting production on weak margins. 

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Lead took the lead overnight.

 
Lead was followed closely by both zinc and nickel, each adding 1.21% to $2600/t and $13,850 respectively.

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