Published on 14/06/2018 12:39:07 PM | Source: Dion Global Solutions Ltd

Lead futures down on subdued demand

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

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 June 2018 contract is trading at Rs 167.35 per kg, down by 0.18 per cent, after opening at Rs 167.05, against a previous close of Rs 167.65. It touched the intra-day low of Rs 166.75.