Lead futures down on subdued demand 19/03/2018

Lead futures down on subdued demand
19/03/2018


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Lead futures down on subdued demand
19/03/2018 16:13
Lead futures were trading lower during the evening trade in the domestic market on Monday 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 March 2018 contract is trading at Rs 154.55 per kg, down by 0.32 per cent, after opening at Rs 154.85, against a previous close of Rs 155.05. It touched the intra-day low of Rs 153.85(at 16:22 hours).