Lead falls on weak demand prospects
21/07/2014 16:14
Lead prices fell by 0.30 per cent on Monday 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 130.75 per kg, down by 0.30 per cent, after opening at Rs 130.80, against a previous close of Rs 131.15. It touched an intra-day low of Rs 130.20 till the trading. (At 4.10 PM today). The London Metal Exchange (LME) lead stocks remained unchanged at 213725 metric tonnes as on July 21, 2014.
21/07/2014 16:14
Lead prices fell by 0.30 per cent on Monday 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 130.75 per kg, down by 0.30 per cent, after opening at Rs 130.80, against a previous close of Rs 131.15. It touched an intra-day low of Rs 130.20 till the trading. (At 4.10 PM today). The London Metal Exchange (LME) lead stocks remained unchanged at 213725 metric tonnes as on July 21, 2014.
