Lead futures surge on pickup in demand
16/08/2016 11:05
Lead futures were trading higher during the morning trade in the domestic market on Tuesday as participants widened their positions in the industrial metal led by a surge in physical demand for lead, from battery-makers, in the domestic spot market. Further, a rise in demand from battery-makers in the domestic spot market, supported the prices of lead in the spot markets. At the MCX, Lead futures for August 2016 contract is trading at Rs 124.15 per kg, up by 1.18 per cent, after opening at Rs 123.65, against a previous close of Rs 122.70. It touched the intra-day high of Rs 124.20 (at 11:05 hours).
16/08/2016 11:05
