Lead increases as stockpiles decline
05/12/2014 16:12
Lead prices rose at the domestic commodity market on Friday as the stockpiles of the base metal at the London Metal Exchange (LME) declined. LME linc stocks declined by 2300 metric tonnes to 226775 metric tonnes as on December 5, 2014.
At the MCX, lead futures, for the December 2014 contract, is trading at Rs 126.30 per kg, up by 0.04 per cent, after opening at Rs 126.10, against a previous close of Rs 126.25. It touched an intra-day high of Rs 126.40 till the trading. (At 4.15 PM today).
05/12/2014 16:12
Lead prices rose at the domestic commodity market on Friday as the stockpiles of the base metal at the London Metal Exchange (LME) declined. LME linc stocks declined by 2300 metric tonnes to 226775 metric tonnes as on December 5, 2014.
At the MCX, lead futures, for the December 2014 contract, is trading at Rs 126.30 per kg, up by 0.04 per cent, after opening at Rs 126.10, against a previous close of Rs 126.25. It touched an intra-day high of Rs 126.40 till the trading. (At 4.15 PM today).