Weak demand prospects drag down Lead futures
11/06/2014 15:13
Lead prices fell by 0.59 per cent on Wednesday 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 June 2014 contract, is trading at Rs 125.40 per kg, down by 0.59 per cent, after opening at Rs 126.45, against a previous close of Rs 126.15. It touched an intra-day low of Rs 125.30 till the trading. (At 3.00 PM today). The London Metal Exchange (LME) lead stocks remained unchanged at 190775 metric tonnes as on June 11, 2014.
11/06/2014 15:13
Lead prices fell by 0.59 per cent on Wednesday 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 June 2014 contract, is trading at Rs 125.40 per kg, down by 0.59 per cent, after opening at Rs 126.45, against a previous close of Rs 126.15. It touched an intra-day low of Rs 125.30 till the trading. (At 3.00 PM today). The London Metal Exchange (LME) lead stocks remained unchanged at 190775 metric tonnes as on June 11, 2014.
