Declining demand outlook drags down Lead futures
21/10/2014 15:57
Lead prices fell by 0.12 per cent on Tuesday at the domestic markets as a result of low demand for the commodity from battery-maker in the spot market in the midst of weak overseas trend. At the MCX, Lead futures, for the October 2014 contract, is trading at Rs 122.75 per kg, down by 0.12 per cent, after opening at Rs 122.85, against a previous close of Rs 122.90. It touched an intra-day low of Rs 121.60 till the trading. (At 3.53 PM today).
The London Metal Exchange (LME) lead stocks remained unchanged at 224700 metric tonnes as on October 21, 2014.
21/10/2014 15:57
Lead prices fell by 0.12 per cent on Tuesday at the domestic markets as a result of low demand for the commodity from battery-maker in the spot market in the midst of weak overseas trend. At the MCX, Lead futures, for the October 2014 contract, is trading at Rs 122.75 per kg, down by 0.12 per cent, after opening at Rs 122.85, against a previous close of Rs 122.90. It touched an intra-day low of Rs 121.60 till the trading. (At 3.53 PM today).
The London Metal Exchange (LME) lead stocks remained unchanged at 224700 metric tonnes as on October 21, 2014.
