Lead futures dip on subdued demand
21/12/2017
21/12/2017 17:01
Lead futures were trading lower during the evening trade in the domestic market on Thursday 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 159.25 per kg, down by 1.33 per cent, after opening at Rs 161.15, against a previous close of Rs 161.40. It touched the intra-day low of Rs 158.90(at 17:03 hours).
21/12/2017
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Lead futures dip on subdued demand21/12/2017 17:01
Lead futures were trading lower during the evening trade in the domestic market on Thursday 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 159.25 per kg, down by 1.33 per cent, after opening at Rs 161.15, against a previous close of Rs 161.40. It touched the intra-day low of Rs 158.90(at 17:03 hours).
