Sluggish demand drags lead futures by 0.87%
22/08/2016 12:28
Lead futures were trading lower during the noon trade in the domestic market on Monday as participants trimmed their bets in the industrial metal due to a drop in physical demand for lead, from battery-makers, in the domestic spot market. Further, a slide in demand from battery-makers in the domestic spot market, influenced prices of lead in the spot markets. At the MCX, Lead futures for August 2016 contract is trading at Rs 125.20 per kg, down by 0.87 per cent, after opening at Rs 125.60, against a previous close of Rs 126.30. It touched the intra-day low of Rs 125.10 (at 12:26 hours).
22/08/2016 12:28
