Lead futures dip on easing demand
06/12/2017
Lead futures dip on easing demand
06/12/2017 12:00
Lead futures were trading lower during the afternoon trade in the domestic market on Wednesday 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 160.65 per kg, down by 0.19 per cent, after opening at Rs 160.25, against a previous close of Rs 160.95. It touched the intra-day low of Rs 159.35(at 12:06 hours).
06/12/2017
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Lead futures dip on easing demand
06/12/2017 12:00
Lead futures were trading lower during the afternoon trade in the domestic market on Wednesday 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 160.65 per kg, down by 0.19 per cent, after opening at Rs 160.25, against a previous close of Rs 160.95. It touched the intra-day low of Rs 159.35(at 12:06 hours).
