Lead futures dip on easing demand 20/02/2018

Lead futures dip on easing demand
20/02/2018


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Lead futures dip on easing demand
20/02/2018 12:01
Lead futures were trading lower during the afternoon trade in the domestic market on Tuesday 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 February 2018 contract is trading at Rs 166.30 per kg, down by 0.27 per cent, after opening at Rs 166.60, against a previous close of Rs 166.75. It touched the intra-day low of Rs 166.20(at 12:07 hours).