Lead futures gain on rising demand : 09/10/2018
Lead futures gain on rising demand
09/10/2018 11:28
Lead futures were trading higher during the morning trade in the domestic market on Tuesday 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 October 2018 contract is trading at Rs 146.95 per kg, up by 0.48 per cent, after opening at Rs 147.00, against a previous close of Rs 146.25. It touched the intra-day high of Rs 147.25 (at 11:30 hours).
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Lead futures gain on rising demand
09/10/2018 11:28
Lead futures were trading higher during the morning trade in the domestic market on Tuesday 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 October 2018 contract is trading at Rs 146.95 per kg, up by 0.48 per cent, after opening at Rs 147.00, against a previous close of Rs 146.25. It touched the intra-day high of Rs 147.25 (at 11:30 hours).
