Lead futures slide on diminishing demand 03/08/2016


Lead futures slide on diminishing demand
03/08/2016 15:19
Lead futures were trading lower during the afternoon trade in the domestic market on Wednesday as investors and speculators remained on the sideline amid fall in physical demand for lead, from battery-makers, in the domestic spot market. At the MCX, Lead futures for August 2016 contract is trading at Rs 121.20 per kg, down by 0.25 per cent, after opening at Rs 121.25, against a previous close of Rs 121.50. It touched the intra-day low of Rs 120.65 (at 15:17 hours).
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