Lead rises on strong demand outlook
06/01/2015 15:36
Lead prices rose by 0.60 per cent on Tuesday 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 May 2014 contract, is trading at Rs 117.90 per kg, up by 0.60 per cent, after opening at Rs 117.40, against a previous close of Rs 117.20. It touched an intra-day high of Rs 118.10 till the trading. (At 3.30 PM today).
The London Metal Exchange (LME) lead stocks remained unchanged at 221975 metric tonnes as on Jan 06, 2015
06/01/2015 15:36
Lead prices rose by 0.60 per cent on Tuesday 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 May 2014 contract, is trading at Rs 117.90 per kg, up by 0.60 per cent, after opening at Rs 117.40, against a previous close of Rs 117.20. It touched an intra-day high of Rs 118.10 till the trading. (At 3.30 PM today).
The London Metal Exchange (LME) lead stocks remained unchanged at 221975 metric tonnes as on Jan 06, 2015
