Lead drops on sluggish demand
26/11/2014 15:53
Lead prices fell by 0.08 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 November 2014 contract, is trading at Rs 126.45 per kg, down by 0.08 per cent, after opening at Rs 126.40, against a previous close of Rs 126.55. It touched an intra-day low of Rs 125.80 till the trading. (At 3.40 PM today). The London Metal Exchange (LME) lead stocks remained unchanged at 217925 metric tonnes as on November 26, 2014.
26/11/2014 15:53
Lead prices fell by 0.08 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 November 2014 contract, is trading at Rs 126.45 per kg, down by 0.08 per cent, after opening at Rs 126.40, against a previous close of Rs 126.55. It touched an intra-day low of Rs 125.80 till the trading. (At 3.40 PM today). The London Metal Exchange (LME) lead stocks remained unchanged at 217925 metric tonnes as on November 26, 2014.
