Trafigura Delivers Record Lead Volume to LME, Pushing Global Inventory to 14-Year High

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According to Bloomberg, Trafigura delivered a record volume of lead to London Metal Exchange warehouses today, driving prices to their lowest level in over a year. The trader's large-scale delivery through Singapore increased global tracked inventory by 80,700 tonnes, bringing total stockpiles to 370,075 tonnes—the highest since 2012.
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