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Lead prices slip on weak demand

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Press Trust of India New Delhi
Lead prices slipped by Rs 2 per kg in lacklustre trade at the local non-ferrous base metals market today on weak demand from consuming industries.

However, other metals moved in a narrow range in scattered deals and settled around previous levels.

Traders said weak demand against sufficient supplies mainly helped lead prices to trade lower.

In the national capital, lead ingot and lead imported were traded lower by Rs 2 each to Rs 136 and Rs 134 per kg, respectively.

The following are today's metal rates per kg:

Zinc ingot 115-121, nickel plate (4x4) 1,075-1,076 gun metal scrap 227, bell metal scrap 229, copper mixed scrap 437, chadri deshi 285.
 

Lead ingot 136, lead imported 134, aluminium ingots 150, Aluminium sheet cutting 151, aluminium wire scrap 153 and aluminium utensils scrap 150.

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First Published: Jan 21 2014 | 2:16 PM IST

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