Lead futures up on increasing demand 20/04/2018

Lead futures up on increasing demand
20/04/2018


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Lead futures up on increasing demand
20/04/2018 16:09
Lead futures were trading higher during the evening trade in the domestic market on Friday 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 April 2018 contract is trading at Rs 156.35 per kg, up by 0.74 per cent, after opening at Rs 154.10, against a previous close of Rs 155.20. It touched the intra-day high of Rs 156.65(at 16:18 hours).