Lead rises by 0.04% on high demand 09/07/2014

Lead rises by 0.04% on high demand
09/07/2014 15:22
Lead prices rose by 0.04 per cent on Wednesday 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 July 2014 contract, is trading at Rs 131.75 per kg, up by 0.04 per cent, after opening at Rs 131.50, against a previous close of Rs 131.70. It touched an intra-day high of Rs 131.90 till the trading. (At 3.15 PM today). The London Metal Exchange (LME) lead stocks remained unchanged at 213600 metric tonnes as on July 9, 2014.