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Published on 14/02/2018 12:23:51 PM | Source: Dion Global Solutions Ltd

Lead futures dip on subdued demand

Posted in Commodity Top News| #MCX #Commodity #Lead

Lead futures were trading lower during the evening trade in the domestic market on Wednesday 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 164.10 per kg, down by 0.12 per cent, after opening at Rs 164.30, against a previous close of Rs 164.30. It touched the intra-day low of Rs 163.90.