For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Weak trend overseas drag down Lead futures

By Religare
|

Lead prices fell by 0.22 per cent to Rs 111.50 per kg in futures trading today largely in line with a weak trend overseas in the midst of low demand at the spot market. At the MCX, Lead futures, for the August 2015 contract, is trading at Rs 111.50 per kg, down by 0.22 per cent, after opening at Rs 111.75, against a previous close of Rs 111.75. It touched an intra-day low of Rs 110.40 till the trading. (At 3.15 PM today)

 

However, losses were curbed 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 277 metric tonnes to 203424 metric tonnes as on August 21, 2015.

Story first published: Friday, August 21, 2015, 23:00 [IST]
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

Find IFSC

We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more