Lead futures down on easing demand
12/04/2018
Lead futures down on easing demand
12/04/2018 15:09
Lead futures were trading lower during the afternoon 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 April 2018 contract is trading at Rs 153.10 per kg, down by 2.23 per cent, after opening at Rs 155.25, against a previous close of Rs 156.60. It touched the intra-day low of Rs 152.50(at 15:18 hours).
12/04/2018
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Lead futures down on easing demand
12/04/2018 15:09
Lead futures were trading lower during the afternoon 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 April 2018 contract is trading at Rs 153.10 per kg, down by 2.23 per cent, after opening at Rs 155.25, against a previous close of Rs 156.60. It touched the intra-day low of Rs 152.50(at 15:18 hours).
