ZOID RESEARCH 26- MAY-2014 : LEAD

Global lead stocks remained unchanged and the total stocks as on Friday stood at 192275 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 on intraday basis

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