Lead futures gain on slump in stocks
07/05/2015 15:48
Lead prices rose by 0.75 per cent on Thursday at the domestic markets due to the decline in the lead stockpiles at the London Metal Exchange (LME) on account of the strong demand for the commodity. LME lead stocks fell by 1825 metric tonnes to 165425 metric tonnes as on May 7, 2015.
At the MCX, Lead futures, for the May 2015 contract, is trading at Rs 134.15 per kg, up by 0.75 per cent, after opening at Rs 132.95, against a previous close of Rs 133.15. It touched an intra-day high of Rs 134.40 till the trading. (At 3.43 PM today).
07/05/2015 15:48
Lead prices rose by 0.75 per cent on Thursday at the domestic markets due to the decline in the lead stockpiles at the London Metal Exchange (LME) on account of the strong demand for the commodity. LME lead stocks fell by 1825 metric tonnes to 165425 metric tonnes as on May 7, 2015.
At the MCX, Lead futures, for the May 2015 contract, is trading at Rs 134.15 per kg, up by 0.75 per cent, after opening at Rs 132.95, against a previous close of Rs 133.15. It touched an intra-day high of Rs 134.40 till the trading. (At 3.43 PM today).
