Lead futures dip on subdued demand 14/09/2018

Lead futures dip on subdued demand
14/09/2018


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Lead futures dip on subdued demand
14/09/2018 15:01
Lead futures were trading lower during the afternoon trade in the domestic market on Friday 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 September 2018 contract is trading at Rs 145.95 per kg, down by 0.10 per cent, after opening at Rs 146.65, against a previous close of Rs 146.10. It touched the intra-day low of Rs 145.70 (at 15:04 hours).