Lead futures dip on easing demand 04/12/2017

Lead futures dip on easing demand
04/12/2017


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Lead futures dip on easing demand
04/12/2017 12:02
Lead futures were trading lower during the afternoon trade in the domestic market on Monday as participants reduced their exposure amid subdued demand from consuming industries in the spot market.
Marketmen said the weakness in lead futures was due to a sluggish demand from battery-makers at the domestic markets.
At the MCX, lead futures for December 2017 contract is trading at Rs 163.95 per kg, down by 0.36 per cent, after opening at Rs 164.35, against a previous close of Rs 164.55. It touched the intra-day low of Rs 163.80(at 12:06 hours).