Business Standard

Lead marginally down on subdued demand

August contract sheds 0.19%

Read more on:    Lead | Mcx
Related News

Tracking a weak trend in spot markets on subdued demand, prices moved down by 0.19% to Rs 105 per kg in futures trade today as speculators reduced their positions.

At the Multi Commodity Exchange, lead for delivery in August shed 20 paise, or 0.19%, to Rs 105 per kg, with a business turnover of 234 lots.

The September contract weakened by 15 paise, or 0.14%, to Rs 106.10 per kg, with a business turnover of 23 lots.

Marketmen said subdued domestic demand and a weak trend in base metals overseas put pressure on lead prices at futures trade.

Read more on:   
|

Read More

Zinc marginally up on firm global cues

Tracking a firm global trend, zinc prices traded marginally higher by 0.10% to Rs 104.10 per kg in futures trade today as speculators created fresh ...

Quick Links

 

Market News

Plea against MF body as self-regulator admitted

The Securities Appellate Tribunal (SAT) has admitted an appeal against a decision on approval given for setting up a regulatory organisation for ...

El Niño worries inflation managers

RBI has decided to consider inflation based on new series CPI in which half of the weight is for food, beverages and tobacco

Coffee at 26-month high as Brazil drought raises price volatility

Coffee futures jumped as much as 8.3 per cent, driving volatility to the highest since 2000

JSW Steel mulls using Goan ore for Dolvi plant

The company plans to participate in e-auctions at Goa as and when the ore with 58% Fe is auctioned

SC ruling on Goa mining may hurt 19 Odisha mines

The average combined annual production of these mines works out to about 0.4 mt

Back to Top