Lead futures down on easing demand
05/03/2018
Lead futures down on easing demand
05/03/2018 13:17
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 March 2018 contract is trading at Rs 159.85 per kg, down by 0.31 per cent, after opening at Rs 160.10, against a previous close of Rs 160.40. It touched the intra-day low of Rs 159.50(at 13:25 hours).
05/03/2018
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Lead futures down on easing demand
05/03/2018 13:17
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 March 2018 contract is trading at Rs 159.85 per kg, down by 0.31 per cent, after opening at Rs 160.10, against a previous close of Rs 160.40. It touched the intra-day low of Rs 159.50(at 13:25 hours).
