Base Metals & Energy
D A I L Y B U Z Z
LEAD
Lead prices rose by 0.16 per cent on Friday at the domestic markets 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 200 metric tonnes to 225275 metric tonnes as on September 19, 2014. At the MCX, Lead futures, for the September 2014 contract, is trading at Rs 126 per kg, up by 0.16 per cent, after opening at Rs 126.20, against a previous close of Rs 125.80. It touched an intra-day high of Rs 126.65 till the trading. (At 3.15 PM today)
CRUDE OIL
Crude oil futures prices today fell by 0.39 per cent to Rs 5,623 per barrel, as speculators reduced their exposures amidst a weak trend in the Asian trade.
At the Multi Commodity Exchange, crude oil for delivery in October contracts down by Rs 22, or 0.39 per cent, to Rs 5,623 per barrel in 1,159 lots.
The oil for September delivery moved down by Rs 20, or 0.35 per cent, to trade at Rs 5,652 per barrel in a volume of 1,614 lots.
