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Published on 12/10/2018 2:07:11 PM | Source: Dion Global Solutions Ltd

Lead futures surge 0.17% on rising demand

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

Lead futures were trading higher during the noon 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 October 2018 contract is trading at Rs 149.05 per kg, up by 0.17 per cent, after opening at Rs 148.25, against a previous close of Rs 148.80. It touched the intra-day high of Rs 149.15