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Published on 5/08/2019 3:21:58 PM | Source: Dion Global Solutions Ltd

Lead futures up 0.69% on rising demand

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

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Lead futures were trading higher during the late morning trade in the domestic market on Monday as participants built up fresh positions, driven by pick-up in demand at the spot market. Market analysts said fresh positions created by traders due to upsurge in demand by battery-makers mainly helped lead prices to trade higher.

At the MCX, lead futures for August 2019 contract is trading at Rs 152.55 per kg, up by 0.69 per cent, after opening at Rs 151.65, against a previous close of Rs 151.50. It touched the intra-day high of Rs 152.90