Lead futures dip on subdued demand
19/12/2017
19/12/2017 16:03
Lead futures were trading lower during the evening trade in the domestic market on Tuesday 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 164.25 per kg, down by 0.24 per cent, after opening at Rs 163.80, against a previous close of Rs 164.65. It touched the intra-day low of Rs 163.35(at 16:03 hours).
19/12/2017
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Lead futures dip on subdued demand19/12/2017 16:03
Lead futures were trading lower during the evening trade in the domestic market on Tuesday 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 164.25 per kg, down by 0.24 per cent, after opening at Rs 163.80, against a previous close of Rs 164.65. It touched the intra-day low of Rs 163.35(at 16:03 hours).
