Lead falls by 1.08% on lack of demand
10/09/2014 15:56
Lead prices fell by 1.08 per cent on Wednesday at the domestic markets as a result of weak demand for the commodity from battery-maker in the spot market in the midst of low overseas trend. At the MCX, Lead futures, for the September 2014 contract, is trading at Rs 128.45 per kg, down by 1.08 per cent, after opening at Rs 130.15, against a previous close of Rs 129.85. It touched an intra-day low of Rs 128.30 till the trading. (At 3.24 PM today). The London Metal Exchange (LME) lead stocks remained unchanged at 224925 metric tonnes as on September 10, 2014.
10/09/2014 15:56
Lead prices fell by 1.08 per cent on Wednesday at the domestic markets as a result of weak demand for the commodity from battery-maker in the spot market in the midst of low overseas trend. At the MCX, Lead futures, for the September 2014 contract, is trading at Rs 128.45 per kg, down by 1.08 per cent, after opening at Rs 130.15, against a previous close of Rs 129.85. It touched an intra-day low of Rs 128.30 till the trading. (At 3.24 PM today). The London Metal Exchange (LME) lead stocks remained unchanged at 224925 metric tonnes as on September 10, 2014.
