ZOID RESEARCH 21- MAY-2014 : LEAD


Global lead stocks at LME showed no change and the total stocks as on Tuesday stood at 192175 tons. We have been seeing a very steady performance in the lead commodity while physical demand is also low in the recent past time. The cash to forward premium for lead at LME has risen a tad from $20 to $25 while we believe this may not be so significant is setting the price direction

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