(Bloomberg) -- Lead, the best-performing commodity
in 2007, has peaked and may plummet for the rest of the year.
A supply squeeze that doubled prices will ease by the end
of the year, say JPMorgan Chase & Co. and UBS AG. A U.K.
refinery run by Xstrata Plc is increasing shipments, and
companies are recycling more of the metal. Doe Run Resources
Corp., the world's second-largest lead refiner, will begin full
output this month after an explosion at its Missouri smelter cut
production. Ivernia Inc. plans to resume exports from Australia.
Read more at Bloomberg Exclusive News
in 2007, has peaked and may plummet for the rest of the year.
A supply squeeze that doubled prices will ease by the end
of the year, say JPMorgan Chase & Co. and UBS AG. A U.K.
refinery run by Xstrata Plc is increasing shipments, and
companies are recycling more of the metal. Doe Run Resources
Corp., the world's second-largest lead refiner, will begin full
output this month after an explosion at its Missouri smelter cut
production. Ivernia Inc. plans to resume exports from Australia.
Read more at Bloomberg Exclusive News
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