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Lead Stockpiles Climb 0.6%, First Advance in More Than Two Weeks

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Aug. 2 (Bloomberg) -- Lead stockpiles in warehouses monitored by the London Metal Exchange rose 0.6 percent, the first increase in more than two weeks.

Inventories climbed to 328,850 metric tons, according to the LME’s daily warehouse report today. The inventories had dropped 4.8 percent since July 17.

Copper stockpiles fell 0.7 percent to 246,800 tons, the fourth consecutive decline, according to the report.

To contact the reporter on this story: Tom Metcalf in London at tmetcalf7@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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