Lead rises on strong demand outlook
23/06/2014 15:10
Lead prices rose by 1.65 per cent on Monday at the domestic markets as a result of high demand for the commodity from battery-maker in the spot market in the midst of strong overseas trend. At the MCX, Lead futures, for the June 2014 contract, is trading at Rs 129.30 per kg, up by 1.65 per cent, after opening at Rs 127.60, against a previous close of Rs 127.30. It touched an intra-day high of Rs 129.40 till the trading. (At 3.13 PM today). The London Metal Exchange (LME) lead stocks remained unchanged at 192575 metric tonnes as on June 23, 2014.
23/06/2014 15:10
Lead prices rose by 1.65 per cent on Monday at the domestic markets as a result of high demand for the commodity from battery-maker in the spot market in the midst of strong overseas trend. At the MCX, Lead futures, for the June 2014 contract, is trading at Rs 129.30 per kg, up by 1.65 per cent, after opening at Rs 127.60, against a previous close of Rs 127.30. It touched an intra-day high of Rs 129.40 till the trading. (At 3.13 PM today). The London Metal Exchange (LME) lead stocks remained unchanged at 192575 metric tonnes as on June 23, 2014.
