Lead futures down on subdued demand
22/02/2018
Lead futures down on subdued demand
22/02/2018 12:01
Lead futures were trading lower during the afternoon trade in the domestic market on Thursday 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 164.35 per kg, down by 0.72 per cent, after opening at Rs 164, against a previous close of Rs 165.55. It touched the intra-day low of Rs 161.65(at 12:07 hours).
22/02/2018
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Lead futures down on subdued demand
22/02/2018 12:01
Lead futures were trading lower during the afternoon trade in the domestic market on Thursday 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 164.35 per kg, down by 0.72 per cent, after opening at Rs 164, against a previous close of Rs 165.55. It touched the intra-day low of Rs 161.65(at 12:07 hours).
