Lead futures dip on easing demand 16/11/2017

Lead futures dip on easing demand
16/11/2017


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Lead futures dip on easing demand
16/11/2017 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 November 2017 contract is trading at Rs 158.25 per kg, down by 0.13 per cent, after opening at Rs 158.35, against a previous close of Rs 158.45. It touched the intra-day low of Rs 158.20(at 12:06 hours).