Lead futures up on pickup in demand
02/02/2018
Lead futures up on pickup in demand
02/02/2018 12:01
Lead futures were trading higher during the afternoon trade in the domestic market on Friday as participants created fresh positions, taking positive cues from spot market on pick-up in demand.
Marketmen said building up of positions by traders backed by upsurge in demand from battery-makers at domestic spot market, supported the upside in lead prices at futures trade.
At the MCX, lead futures for February 2018 contract is trading at Rs 172.25 per kg, up by 0.58 per cent, after opening at Rs 171.40, against a previous close of Rs 171.25. It touched the intra-day high of Rs 172.30(at 12:06 hours).
02/02/2018
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Lead futures up on pickup in demand
02/02/2018 12:01
Lead futures were trading higher during the afternoon trade in the domestic market on Friday as participants created fresh positions, taking positive cues from spot market on pick-up in demand.
Marketmen said building up of positions by traders backed by upsurge in demand from battery-makers at domestic spot market, supported the upside in lead prices at futures trade.
At the MCX, lead futures for February 2018 contract is trading at Rs 172.25 per kg, up by 0.58 per cent, after opening at Rs 171.40, against a previous close of Rs 171.25. It touched the intra-day high of Rs 172.30(at 12:06 hours).
