Lead is expected to outperform other metals over the coming months as cold weather is likely to force consumers to replace auto batteries and supplies tighten.
If the answer to the energy crisis is a faster rollout of renewable alternatives to fossil fuels, then the problem is that the current situation is hindering the solution.
Significant volumes of unwanted Russian-origin copper have been deposited in London Metal Exchange approved warehouses in Germany, the Netherlands and Taiwan since the middle of September.