LME Lead Inventory Stopped Falling and Hit Nearly Three-Month High

SHANGHAI, Jul 20 (SMM) - According to data released by the London Metal Exchange (LME), LME lead inventories took a downturn after climbing to a two-month high on June 22, but rose again yesterday, standing at 39,725 mt, which is the highest in nearly three months. However, the figure is still a 14-year low. 
SHFE lead inventories did not change much over the past few months, and fell 1.27% on a weekly basis to 87,931 mt as of July 15, which is a relatively low level in over a year.