Lead rise on declining inventories
08/05/2015 16:24
Lead prices rose by 0.22 per cent on Friday 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 1375 metric tonnes to 164050 metric tonnes as on May 8, 2015.
At the MCX, Lead futures, for the May 2015 contract, is trading at Rs 133.65 per kg, up by 0.22 per cent, after opening at Rs 133.15, against a previous close of Rs 133.35. It touched an intra-day high of Rs 134.30 till the trading. (At 3.45 PM today).
08/05/2015 16:24
Lead prices rose by 0.22 per cent on Friday 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 1375 metric tonnes to 164050 metric tonnes as on May 8, 2015.
At the MCX, Lead futures, for the May 2015 contract, is trading at Rs 133.65 per kg, up by 0.22 per cent, after opening at Rs 133.15, against a previous close of Rs 133.35. It touched an intra-day high of Rs 134.30 till the trading. (At 3.45 PM today).
