Lead falls by 0.31% on sluggish demand 02/07/2014

Lead falls by 0.31% on sluggish demand
02/07/2014 15:19
Lead prices fell by 0.31 per cent on Wednesday at the domestic markets as a result of low demand for the commodity from battery-maker in the spot market in the midst of weak overseas trend. At the MCX, Lead futures, for the July 2014 contract, is trading at Rs 128.40 per kg, down by 0.31 per cent, after opening at Rs 128.85, against a previous close of Rs 128.80. It touched an intra-day low of Rs 128.30 till the trading. (At 3.14 PM today). The London Metal Exchange (LME) lead stocks remained unchanged at 193700 metric tonnes as on July 2, 2014.