Lead futures up on increasing demand : 24/09/2018
Lead futures up on increasing demand
24/09/2018 15:49
Lead futures were trading higher during the morning trade in the domestic market on Monday 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 September 2018 contract is trading at Rs 148.40 per kg, up by 0.44 per cent, after opening at Rs 147, against a previous close of Rs 147.75. It touched the intra-day high of Rs 149.20 (at 15:52 hours).
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Lead futures up on increasing demand
24/09/2018 15:49
Lead futures were trading higher during the morning trade in the domestic market on Monday 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 September 2018 contract is trading at Rs 148.40 per kg, up by 0.44 per cent, after opening at Rs 147, against a previous close of Rs 147.75. It touched the intra-day high of Rs 149.20 (at 15:52 hours).
